Amazon reaches $2.5B settlement with FTC over 'deceptive' prime program

And just the past few minutes, some breaking news on Amazon. Let's get to Mackenzie Sagalos. Mac.>> Hey. So, just three days into its jury trial in a Seattle federal court. Amazon has reached a $2.5% billion dollar settlement with the Federal Trade Commission over claims that it used deceptive tactics to push customers into its$ 139 a year Prime program.Now, regulators saying Amazon tricked and trapped millions into subscriptions and then made cancellation confusing and difficult. FDC Chairman Andrew Fergus ...