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Amazon Issues Automatic Prime Refunds Under $2.5B FTC Settlement

By Drooid · · How we work

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Story summary
  • Amazon is issuing automatic refunds to eligible Prime customers under a $2.5 billion FTC settlement.
  • The settlement requires a $1 billion civil penalty and $1.5 billion set aside for consumer restitution.
  • Eligible users enrolled June 23, 2019-June 23, 2025 who used up to 20 benefits qualify for refunds.
  • FTC raised the maximum payout per customer from $51 to $200, with supplemental payments up to $149.
  • By September Amazon had refunded over $845 million to eligible Prime customers.