Billionaire Jeff Bezos’ Amazon will cough up $2.5 billion to compensate customers in a “historic” settlement. The Federal Trade Commission (FTC) accused Amazon of illegally using “manipulative, coercive, or deceptive” designs to “trick” shoppers into enrolling in auto-renewing Prime subscriptions and making cancelling too hard. Amazon did not admit to any wrongdoing. “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,” said FTC Chairman Andrew N. Ferguson in a press release. $1 billion of the settlement will be a civic penalty, the largest ever for a FTC rule violation. The remaining $1.5 billion will repay eligible Prime subscribers. Prime customers who

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