Amazon Prime price increase overturned by German court
AMZN
Statements (5)
- Bearish
Amazon is lowering the price for long-standing Prime customers following a Federal Court ruling that declared a Prime price increase unlawful
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BGH ruled that a price increase of Amazon Prime from four years ago is invalid.
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Certain Amazon Prime customers can now claim refunds due to the BGH ruling.
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The Bundesgerichtshof ruled against Amazon's Prime price increase without explicit customer consent
- Bearish
The Bundesgerichtshof overturned Amazon's price increases for Prime customers