The company is accused of having misled customers into registering as members of the Prime service and then made it difficult to cancel the subscription.
The amount is divided into $1 billion in fines and $1.5 billion in compensation to customers, in total equivalent to approximately 24 billion kronor.
Amazon does not admit in the settlement that the company has done anything wrong.
Prime is partly a streaming service for movies and series, partly a way to get faster shipping and discounts from online shopping.
The FTC initiated an investigation into Amazon's subscription service in 2021 and sued the company in 2023.
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