Tag Archives: FTC Act

FTC Sues Amazon for ‘Scamming’ Millions into Prime Subscription

“Amazon tricked and trapped people into recurring subscriptions without their consent, not only frustrating users but also costing them significant money,” said FTC Chair Lina Khan.

By Kenny Stancil. Published 6-21-2023 by Common Dreams

The U.S. Federal Trade Commission on Wednesday sued Amazon for its “yearslong effort to enroll consumers into its Prime program without their consent while knowingly making it difficult for consumers to cancel their subscriptions.”

The agency’s lawsuit accuses Amazon of violating the FTC Act and the Restore Online Shoppers’ Confidence Act and seeks a permanent injunction, civil penalties, and monetary relief. It was filed with the U.S. District Court for the Western District of Washington, which is located in Seattle, where Amazon is headquartered.

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Biden FTC Applauded for Moving to Crack Down on ‘Predatory Pricing,’ Other Corporate Abuses

FTC Chair Lina Khan is “charting a path toward a new era of refined antitrust enforcement that prioritizes working families and small businesses,” said one advocate.

By Kenny Stancil Published 11-10-2022 by Common Dreams

Federal Trade Commission Chair Lina Khan. Screenshot: CNBC

Progressives cheered Thursday after the Federal Trade Commission voted 3-1 to issue a new policy statement restoring the agency’s commitment to “rigorously enforcing the federal ban on unfair methods of competition.”

While Section 5 of the FTC Act—passed in the early 20th century by congressional lawmakers unsatisfied with the Sherman Act, the original antitrust statute—prohibits “unfair methods of competition” and instructs the commission to identify and rein in such practices, the agency has refused for decades to exercise its full legal authority to do so. Continue reading →

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Tag Archives: FTC Act