Amazon to pay $2.5 billion to settle FTC allegations it duped customers into enrolling in Prime

Comments

• sgibson5150@lemmy.dbzer0.com ⁨2⁩ ⁨days⁩ ago

  According to Yahoo finance, Amazon had $638 billion in revenue for 2024. The settlement amount of $2.5 billion is about 1/250 of that revenue. It’s like if a person making $100k a year got a $400 fine. Truly a devastating blow. Will Amazon recover? 🙄

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• InevitableWaffles@midwest.social ⁨2⁩ ⁨days⁩ ago

  Just based in the ballpark numbers from another on of these articles I saw today, it works out to like 40 some bucks a person. Just absolute garbage.

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  • Midnitte@beehaw.org ⁨2⁩ ⁨days⁩ ago

    Fines are just the price of doing business.

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• dmtalon@infosec.pub ⁨2⁩ ⁨days⁩ ago

  I’ll be waiting by the mail for my piece of that pie.

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• elgordino@fedia.io ⁨2⁩ ⁨days⁩ ago

  At this point ordering from AliExpreas is a better experience than Amazon.

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  • uninvitedguest@lemmy.ca ⁨1⁩ ⁨day⁩ ago

    It absolutely is, and the shipping times are no longer a gamble of 3 weeks to 4 months. They’re all pretty quick.

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