Tag Archives: FTC

Amazon will refund $1.5 billion to Prime subscribers in $2.5 billion FTC settlement  The Washington Post Amazon to Pay $2.5 Billion in Prime Membership Settlement  The New York Times Amazon Stock Slips As Tech Giant Will Pay $2.5 Billion To Settle FTC’s Prime Lawsuit  Investor’s Business Daily Amazon to pay historic $2.5 billion settlement for allegedly tricking customers into signing up for Prime  CNN …

SEATTLE (AP) — Amazon has reached a historic $2.5 billion settlement with the Federal Trade Commission, which said the online retail giant tricked customers into signing up for its Prime memberships and made it difficult for them to cancel after doing so. The Seattle company will pay $1 billion in civil penalties — the largest fine in FTC history, and …

The Federal Trade Commission has secured a historic order with Amazon.com, Inc., as well as Senior Vice President Neil Lindsay and Vice President Jamil Ghani, settling allegations that Amazon enrolled millions of consumers in Prime subscriptions without their consent, and knowingly made it difficult for consumers to cancel. Amazon will be required to pay a $1 billion civil penalty, provide …

The Amazon Prime logo is displayed on the side of an Amazon delivery truck in Richmond, California, on June 21, 2023. Justin Sullivan | Getty Images Amazon will pay $2.5 billion to settle Federal Trade Commission allegations that it duped users into paying for Prime memberships, the regulatory agency announced Thursday. The surprise settlement comes as Amazon and the FTC …

Amazon trial begins on FTC claims it duped Prime subscribers  Reuters Did Amazon trick people into paying for Prime? Federal case goes to trial  NPR Too tricky to cancel: Amazon faces US trial over alleged Prime subscription deceptions  The Guardian Amazon faces trial this week over whether it duped people into enrolling in Prime membership  CBS News Amazon faces off against FTC over ‘deceptive’ …

Amazon and the U.S. government begin oral arguments in a case that focuses on how the company gets people to pay for its Prime membership program. Leon Neal/Getty Images hide caption toggle caption Leon Neal/Getty Images Amazon and the U.S. government are facing off in a Seattle courtroom over Prime, the company’s lucrative subscription service. The government alleges that the …

FTC sues Live Nation and Ticketmaster, alleges ‘deceptive’ resale tactics  The Washington Post FTC sues Ticketmaster, saying it forces fans to pay more for concerts and events  ABC News – Breaking News, Latest News and Videos Ticketmaster, Live Nation Sued by FTC Over Ticket Resales  Bloomberg.com Nebraska Joining FTC in Lawsuit Against Ticket Company – KCSR / KBPY  chadronradio.com FTC files bombshell suit against …

Through those years, employees occasionally flagged abuse behavior that Ticketmaster and Live Nation were financially motivated to ignore, the FTC alleged. In 2018, one Ticketmaster engineer tried to advocate for customers, telling an executive in an email that fans can’t tell the difference between Ticketmaster-supported brokers—which make up the majority of its resale market—and scalpers accused of “abuse.” “We have …

The Federal Trade Commission and state prosecutors on Thursday filed a joint lawsuit against Live Nation Entertainment and Ticketmaster accusing the event services of allowing brokers to scoop up event tickets and resell them at inflated prices, costing consumers billions of dollars.  In a legal complaint filed in the U.S. District Court for the Central District of California, the regulatory agency …

The US Federal Trade Commission and seven states sued Live Nation Entertainment Inc. and its Ticketmaster subsidiary for failing to stem the use of automated ticketing bots and large-scale resale operations in a lawsuit that could see the ticketing giant face billions of dollars in penalties. The consumer protection agency said the nation’s largest ticketing platform failed to enforce its …