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Amazon cuts $2.5B settlement with FTC over Prime subscriptions — with $1.5B to be doled out to customers

Amazon cuts $2.5B settlement with FTC over Prime subscriptions — with $1.5B to be doled out to customers

Amazon has agreed to a massive $2.5 billion settlement with the Federal Trade Commission over charges that it knowingly trapped customers into paying for Prime subscriptions, the agency announced Thursday.

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