Amazon says FTC settlement ‘allows us to move forward’

Amazon.com (AMZN) said in a statement regarding the settlement with the Federal Trade Commission: “Amazon and our executives have always followed the law and this settlement allows us to move forward and focus on innovating for customers. We work incredibly hard to make it clear and simple for customers to both sign up or cancel their Prime membership, and to offer substantial value for our many millions of loyal Prime members around the world. We will continue to do so, and look forward to what we’ll deliver for Prime members in the coming years.”