Amazon has agreed pay $2.5 billion to settle with the Federal Trade Commission (FTC) over allegations the e-commerce giant misled customers into signing up for Prime subscriptions and made it difficult to cancel, the agency announced Thursday.

The company will pay a $1 billion fine, in addition to providing $1.5 billion in refunds. The settlement comes just as a trial was getting underway in Seattle.

“Today, the Trump-Vance FTC made history and secured a record-breaking, monumental win for the millions of Americans who are tired of deceptive subscriptions that feel impossible to cancel,” FTC Chair Andrew Ferguson said in a statement.

“[W]e are putting billions of dollars back into Americans’ pockets, and making sure Amazon never does this again,” he added.

As part of the agreement, Ama

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