Amazon settles Prime allegations with FTC for $2.5 billion

Amazon has agreed wage $2.5 cardinal to settee with the Federal Trade Commission (FTC) implicit allegations the e-commerce elephantine misled customers into signing up for Prime subscriptions and made it hard to cancel, the bureau announced Thursday.  The institution volition wage a $1 cardinal fine, successful summation to providing $1.5 cardinal successful refunds. The settlement…