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00:02Amazon is facing trial after Federal Trade Commission attorneys accused the company of
00:06knowingly enrolling millions of customers into Prime without clear consent to preserve revenue,
00:11according to Reuters. The simple case was also a target of three executives who cost Amazon
00:15hundreds of millions of dollars in damages and fines up to $53,000 per violation. FTC lawyers
00:21argued Amazon-resistant simplifying sign-up and cancellation processes, calling its internal
00:26cancellation system, deliberately confusing. Amazon denied wrongdoing, saying terms were
00:30clearly disclosed, and canceling was straightforward, while accusing the FTC of exaggerating evidence.
00:36For all things money, visit Benzinga.com.
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