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WSJ What’s News

FTC Says Amazon ‘Duped’ Millions of Prime Subscribers

WSJ What’s News

The Wall Street Journal

News, Daily News

4.14.2K Ratings

🗓️ 21 June 2023

⏱️ 16 minutes

🧾️ Download transcript

Summary

P.M. Edition for June 21. The Federal Trade Commission is suing Amazon, alleging the company used manipulative tactics to enroll users into its Prime subscription service. Legal-affairs correspondent Jan Wolfe explains. Plus, as the search for the missing Titan submersible continues, travel reporter Allison Pohle talks about how adventure travel has become a big business, despite the risks. And commercial-property reporter Konrad Putzier explains how higher interest rates could drive up housing costs. Annmarie Fertoli hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Think you know Disney Plus, think again.

0:03.0

Think the biggest blockbusters, including the epic avatar, the way of water.

0:09.0

This is our home.

0:10.0

Think brand new series with Marvel Studios' secret invasion, starring Samuel L. Jackson and Ben Mendelsson.

0:16.0

This is personal.

0:18.0

And think new obsessions like the hotly anticipated return of the bear.

0:22.0

We need more.

0:23.0

Yes, Chef.

0:24.0

All these and more streaming this summer on Disney Plus.

0:27.0

18 plus subscription-acquired TCC's apply.

0:57.0

The FTC's Sous Amazon alleging it used manipulative tactics to rope in prime subscribers.

1:08.0

And how the missing Titan submersible fits into a growing trend of extreme travel.

1:13.0

There is a big market for people who want to explore these little scene places.

1:18.0

Then this is a situation that has a high danger level even compared to some of the other extreme vacations that are available.

1:25.0

Plus how rising interest rates could push up the cost of housing.

1:29.0

It's Wednesday, June 21st.

1:31.0

I'm Amary for Tolly for the Wall Street Journal.

1:33.0

This is the PM edition of What's News, the top headlines and business stories that move the world today.

1:46.0

The Federal Trade Commission is suing Amazon, alleging the company used manipulative tactics to dupe millions of customers into enrolling in its prime subs.

1:54.0

The FTC's complaint filed in federal court in Seattle alleges Amazon did that by using persuasive design choices known as dark patterns.

2:05.0

Our legal affairs correspondent, Jan Wolfe explains.

2:08.0

What dark pattern is a design choice in a website or app that benefits the company but not necessarily the user.

...

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