"Today, the Trump-Vance FTC made history and secured a record-breaking, monumental win for the millions of Americans who are tired of deceptive subscriptions that feel impossible to cancel,"
"The evidence showed that Amazon used sophisticated subscription traps designed to manipulate consumers into enrolling in Prime, and then made it exceedingly hard for consumers to end their subscription. Today, we are putting billions of dollars back into Americans' pockets, and making sure Amazon never does this again. The Trump-Vance FTC is committed to fighting back when companies try to cheat ordinary Americans out of their hard-earned pay."
"We are putting billions of dollars back into Americans' pockets."
The Federal Trade Commission secured a $2.5 billion settlement with Amazon over allegations that the company misled customers into renewing Prime subscriptions. Of that amount, $1.5 billion will fund refunds for affected subscribers. Evidence indicated Amazon used sophisticated subscription traps to manipulate consumers into enrolling in Prime and then made cancellation exceedingly difficult. The settlement was reached days after Amazon's trial began in Seattle. The FTC characterized the resolution as a major consumer protection victory aimed at returning billions to Americans and deterring deceptive subscription practices.
Read at Business Insider
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