The Federal Trade Commission (FTC) has taken legal action against Amazon for allegedly enrolling customers in its Prime program without their consent and then devising an elaborate scheme to prevent them from unsubscribing. The consumer protection agency made the allegations in a lawsuit (pdf) filed on June 21 at the U.S. District Court, Western District…
FTC Sues Amazon for ‘Sabotaging’ Customer Attempts to Quit Prime Service
Inflation Cannot Hide on Amazon Prime
I have often heard it said that the first step in recovery from addiction is to admit that one has a problem. Well, I’m not afraid to admit that over the years I’ve become completely dependent on Amazon Prime for the vast majority of my grocery and household goods shopping. If it’s not something fresh…
Amazon Accuses FTC of Issuing ‘Unfair, Unreasonable’ Demands as Part of Probe Into Prime
Amazon has accused the U.S. Federal Trade Commission (FTC) of making unreasonable and unfair demands as part of the agency’s probe into the company’s Prime membership program, according to a new legal filing. The Jeff Bezos-founded company has been under investigation by the regulator since March 2021 regarding whether or not it makes it difficult for…
Analysis: Amazon Has a Prime Edge Over Walmart: Richer Customers
NEW YORK—Amazon Inc.’s strong quarterly performance on Thursday offered another sign of a split in shopping patterns between more- and less-affluent Americans dealing with the highest inflation in four decades. On Monday, rival Walmart Inc., which caters to a more cost-conscious customer, slashed its second-quarter profit forecast, blaming a shift in consumer spending towards more…
Amazon Prime Day Comes Amid Slowdown in Online Sales Growth
Amazon is heading into its annual Prime Day sales event on Tuesday much differently than how it entered the pandemic. The company has long used the two-day event—one of its biggest all year—to lure people to its Prime membership, for which Amazon recently raised the price to $139 a year from $119 a year. Amazon…
Amazon Taps Prime Boss to Take Lead at Healthcare Front
Amazon.com, Inc. senior vice president Neil Lindsay has been appointed to oversee the retail giant’s healthcare expansion. What Happened: Lindsay’s LinkedIn profile lists him as senior vice president, health and brand, at Amazon. The executive continues to lead the Jeff Bezos-founded company’s global brand and marketing efforts, a person familiar with the matter told CNBC….
Amazon to Stream Academy of Country Music Awards in 2022
NASHVILLE, Tenn.—The Academy of Country Music (ACM) Awards is making the streaming switch, moving from a TV network to Amazon Prime Video and marking the first time the streaming service will exclusively air an awards show. In the announcement on Thursday, the ACMs move from CBS, which previously announced that it would be airing the…
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