Check Your Inbox, Amazon Prime Members! Possible Cash Windfall as Amazon Settles $2.5 Billion FTC Lawsuit
Amazon Prime members may receive refunds as part of a $2.5 billion settlement with the FTC over allegedly deceptive enrollment practices.Summary
Amazon is settling a $2.5 billion lawsuit with the Federal Trade Commission (FTC) regarding accusations of improperly enrolling customers in Prime memberships and making cancellation difficult. The settlement includes $1 billion in civil penalties and $1.5 billion in customer refunds. Eligibility for refunds depends on signup and cancellation history between June 23, 2019, and June 23, 2025, and usage of Prime benefits. Some customers will receive automatic payments via Venmo or PayPal, while others must file a claim. Claimants can receive refunds via check, PayPal, or Venmo, with amounts up to $51 per eligible membership. Amazon maintains it has always followed the law and views the settlement as a way to focus on innovation. More information is available on the FTC and settlement administrator websites.
(Source：Hoodline)