How to get a refund from Amazons $1.5 billion FTC settlement

1 month ago 3

Amazon agreed to a whopping $2.5 billion settlement with the Federal Trade Commission (FTC) last week over allegedly "deceptive" practices in signing up users to its paid Amazon Prime subscription service.

Out of that settlement, Amazon will pay a $1 billion civil penalty to the U.S. government. The other $1.5 billion? That's the Consumer Fund, and it's going to be used to refund Amazon Prime customers who were affected by these practices.

According to the settlement terms, an estimated 35 million customers are entitled to that $1.5 billion pool, which would amount to a refund of $42.86 per person if distributed evenly. That's not an earth-shattering chunk of change, b...

Source: https://mashable.com/article/amazon-prime-ftc-settlement-refund-info

Read Entire Article

Disclaimer of liability !!!

NEWS.SP1.RO is an automatic news aggregator. In each article, taken over by NEWS.SP1.RO with maximum 500 characters from the original article, the source name and hyperlink to the source are specified.

The acquisition of information aims to promote and facilitate access to information, in compliance with intellectual property rights, in accordance with the terms and conditions of the source.

If you are the owner of the content and do not wish to publish your materials, please contact us by email at [email protected] and the content will be deleted as soon as possible.