Amazon settles FTC Prime case for $2.5bn
PositiveFinancial Markets

Amazon has reached a significant settlement with the Federal Trade Commission (FTC) over its Prime service, agreeing to pay $2.5 billion. This marks the largest penalty ever imposed for violating regulatory rules, highlighting the importance of compliance in the tech industry. The settlement not only resolves the FTC's concerns but also sets a precedent for how companies handle consumer protection issues, making it a pivotal moment for both Amazon and the broader market.
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