Correction and clarification: A previous version of this story erroneously reported the settlement amount that Amazon agreed to pay the FTC. The correct amount is $2.5 billion. Amazon is facing ...
A recent FTC ruling means Amazon must pay $2.5 billion. Amazon allegedly tricked customers into full Prime subscriptions. Customers can receive up to $51. If you're an Amazon Prime subscriber, you ...
Amazon faces a court hearing in Seattle this week to face allegations by federal regulators that the e-commerce giant duped customers into signing up for its Prime membership while also making it ...
Amazon has started issuing payments to eligible Prime members as part of a $2.5 billion settlement over federal allegations that it misled customers. The online retailer agreed to the payouts in ...
Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. Amazon Prime Day saw mixed results: initial sales reports ...