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Amazon to pay $2.5 billion in settlement over deceptive pricing and false advertising claims.
Amazon has agreed to a $2.5 billion settlement with the Federal Trade Commission to resolve allegations it misled customers through deceptive pricing and false advertising, particularly regarding Prime membership signups.
The FTC accused Amazon of falsely advertising products as in stock or eligible for free shipping and using misleading discount labels.
The company denied wrongdoing but agreed to the settlement to avoid lengthy litigation.
The funds will reimburse affected consumers and support consumer protection initiatives.
The agreement includes ongoing compliance measures to improve transparency in pricing and availability, marking one of the largest penalties ever imposed on a tech company for deceptive practices.
Amazon pagará $ 2.5 mil millones en un acuerdo por precios engañosos y afirmaciones publicitarias falsas.