Amazon Didn’t Deceive Customers, FTC Says

Responding to complaints from two Internet privacy watchdog groups, the Federal Trade Commission said Internet retailer Amazon.com Inc. didn’t deceive its customers when it made changes to its privacy policy. The Electronic Privacy Information Center and Junkbusters Corp. filed a complaint after Amazon revised its policy and told customers it considered their information a company asset that could be sold if Amazon were to go out of business or sell a division.

Amazon also removed an option that let customers decline sharing their personal data with marketing companies and retailers partnered with Amazon. Previously, customers could opt out by sending an e-mail to an account called “never.”

Amazon shares closed up 34 cents at $17.09 on Nasdaq.