FTC Will Proceed With Amazon Prime Case After Dropping Delay Request

Benzinga

The Federal Trade Commission reversed course on its Amazon Prime deceptive practices case, according to CNBC. The FTC vowed to meet court deadlines hours after seeking a delay due to resource constraints.

Transcript

00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Federal Trade Commission reversed course on its Amazon Prime deceptive practices case,

00:06according to CNBC. The FTC vowed to meet court deadlines hours after seeking a delay

00:11due to resource constraints. FTC attorney Jonathan Cohen admitted his initial request

00:16was incorrect, stating the agency has no resource shortages and is prepared to litigate.

00:21FTC Chair Andrew Ferguson reaffirmed the agency's commitment to the case, rejecting any suggestion

00:26of backing down from big tech. The lawsuit was filed in June 2023,

00:30and accuses Amazon of deceptive Prime subscription practices.

Category

Transcript

Recommended