Amazon is set to pay a historic $2.5 billion fine in a settlement with the Federal Trade Commission (FTC). The agency had alleged that the tech giant tricked customers into signing up for Amazon Prime and then made it confusing to cancel.
According to the FTC, the $2.5 billion settlement will be split into two different pools. Amazon will have to pay $1 billion in civil penalties — the second largest fine in FTC history.
The other $1.5 billion will be be paid to Amazon customers who were enrolled in…
