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The Federal Trade Commission (FTC) has reached a $2.5 billion settlement with Amazon over its "deceptive" Prime subscription tactics. Of the total penalty, $1.5 billion will go toward customer refunds for the the "millions" of people who were either enrolled in Prime without their consent, or that were unable to cancel their subscriptions, the FTC says. The settlement requires Amazon to "make meaningful changes" to how people enroll in Prime and cancel their subscriptions. That includes introducing "a clear and conspicuous button" for customers to decline Prime. Amazon also needs to be more upfront about the terms of Prime during the enrollment process, such as the cost, date, and frequency of charges, as well as whether the subscription auto-renews, and how customers can cancel. As well, Amazon has to pay for an independent, third-party supervisor to monitor its compliance with these changes. #amazon #ftc #lawsuit #technews šŸ“ø: Cheng Xin / Contributor / Getty Images News via Get...

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