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Amazon to refund Prime customers under FTC settlement

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AMZN
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Amazon is taking steps to refund eligible customers as part of a revised $2.5 billion settlement with the Federal Trade Commission (FTC). The agreement aims to resolve allegations that the company deceptively enrolled customers in its Prime subscription service.

The refunds, which could amount to $200 per eligible customer, are being issued under the terms of the settlement. This revised agreement follows earlier claims that Amazon had enrolled users in Prime without proper consent or clear disclosure of the subscription terms.

The FTC's investigation focused on Amazon's practices regarding automatic renewals and the ease with which customers could cancel their subscriptions. The settlement marks a significant step in addressing consumer concerns about deceptive subscription practices.

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