Amazon Will Pay $2.5 Billion In FTC Lawsuit —One Of The Largest Settlements In History
1. Amazon settles for $2.5 billion amid FTC accusations. 2. Settlement includes $1 billion fines and $1.5 billion compensation. 3. About 200 million Prime members significantly contribute to revenue. 4. FTC targets Amazon in broader antitrust agenda against tech firms. 5. Stock dropped 0.65% to $218.77 following the announcement.