Amazon has initiated payments to eligible Prime members as part of a $2.5 billion settlement with the Federal Trade Commission. The settlement, which was agreed upon in September, resolves a 2023 lawsuit that accused the company of misleading customers into signing up for its Prime service and complicating the cancellation process. Amazon did not admit to any wrongdoing as part of the settlement agreement. The payout includes $1.5 billion in refunds designated for customers. Eligible recipients are those who signed up for Amazon Prime between June 23, 2019, and June 23, 2025. While some customers will receive automatic payments, others may need to submit a claim starting in December 2025, with notifications being sent out by January 2026. In other news, the Supreme Court declined to hear a greenwashing lawsuit against Amazon, a decision that protects the company from liability for the claims made by third-party sellers on its platform. This legal victory reinforces the protections provided to online merchandisers under Section 230 of the Communications Decency Act.
Amazon Begins Paying Out $2.5 Billion to Prime Members in FTC Settlement
AMZN
Related News
AMZN
Amazon Surpasses Walmart as World’s Revenue Leader on Cloud and E-Commerce Strength
AMZN
Amazon.com Inc down 0.18% in pre-market at $204.42
AMZN
Amazon Shares Recover as AWS Rollout of Claude 4.6 Models Eases AI Spending Fears
AMZN
Audible Integrates Kindle Ebooks with Audiobooks in New 'Read & Listen' Feature
AMZN