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FTC Will Proceed With Amazon Prime Case After Dropping Delay Request
Benzinga
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7 months ago
The Federal Trade Commission reversed course on its Amazon Prime deceptive practices case, according to CNBC. The FTC vowed to meet court deadlines hours after seeking a delay due to resource constraints.
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00:00
It's Benzinga, bringing Wall Street to Main Street.
00:02
Federal Trade Commission reversed course on its Amazon Prime deceptive practices case,
00:06
according to CNBC. The FTC vowed to meet court deadlines hours after seeking a delay
00:11
due to resource constraints. FTC attorney Jonathan Cohen admitted his initial request
00:16
was incorrect, stating the agency has no resource shortages and is prepared to litigate.
00:21
FTC Chair Andrew Ferguson reaffirmed the agency's commitment to the case, rejecting any suggestion
00:26
of backing down from big tech. The lawsuit was filed in June 2023,
00:30
and accuses Amazon of deceptive Prime subscription practices.
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