Amazon agreed to a multi-billion-dollar fine to settle FTC claims that it "knowingly duped" Prime subscribers into renewing. "We are putting billions of dollars back into Americans' pockets," FTC ...

The settlement is one of the largest in the history of the Federal Trade Commission, which sued Amazon two years ago. By Karen Weise and Cecilia Kang Reporting from Seattle and Washington Amazon ...

Amazon.com will pay $2.5 billion in fines and payments to Prime subscribers to settle a U.S. Federal Trade Commission case alleging the retail juggernaut signed users up for the subscription without ...

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Amazon.com Inc. agreed to pay $2.5 billion in penalties and refunds and change its process for how to cancel its Prime subscription to settle a lawsuit by the US Federal Trade Commission. The company ...

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

Amazon will pay both the Federal Trade Commission and consumers directly to settle a lawsuit alleging that it used manipulative and deceptive tactics to encourage sign-ups for Prime. The settlement ...

An Amazon Prime driver makes a delivery outside an apartment building in Pittsburgh in March. (Gene J. Puskar / Associated Press) Amazon has agreed to pay $2.5 billion to settle accusations it tricked ...

Settlement includes $1.5 billion fund for Prime subscriber reimbursements Amazon to implement clearer subscription terms and cancellation options Eligible Prime members can get $51 Customer payout is ...

Amazon has to change its ‘decline’ button for Prime and make it easier to cancel the subscription. Amazon has to change its ‘decline’ button for Prime and make it easier to cancel the subscription. is ...

Amazon will pay a record $2.5 billion to settle a Federal Trade Commission lawsuit alleging it misled customers into enrolling in Prime and made it difficult to cancel, the agency announced Thursday.

Amazon.com will pay $2.5 billion in fines and reimbursements to Prime subscribers to settle the Federal Trade Commission’s allegations that it deceived its customers to generate subscriptions, the FTC ...