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Amazon will pay $2.5B to settle FTC claims, including $1B penalty and $1.5B refunds. Shares dipped slightly; Wells Fargo upgraded AMZN and raised its $280 target, citing AWS growth and a new Nasdaq p…
Amazon agreed to a $2.5 billion FTC settlement over alleged unauthorized Prime sign-ups, including $1.5 billion refunds and policy changes for opt-outs and third-party monitoring; the deal removes re…
Amazon will pay $2.5 billion to settle an FTC case over alleged unauthorized Prime enrollments and difficult cancellations, with $1.5 billion earmarked for subscriber refunds and no admission of wron…