Yahoo

Amazon used an algorithm to essentially raise prices on other sites, the FTC says

Amazon used a secret algorithm to essentially help raise prices on other online sites and also “destroyed” internal communications as the Federal Trade Commission undertook an antitrust investigation ...
Detroit News

Amazon used algorithm to secretly raise prices and 'destroyed' internal messages, FTC says

Amazon used a secret algorithm that essentially helped the company raise prices on other online sites and “destroyed” some internal communications as the Federal Trade Commission was investigating the ...
Ars Technica

Report: Amazon made $1B with secret algorithm for spiking prices Internet-wide

Last week, the Federal Trade Commission sued Amazon, alleging that the online retailer was illegally maintaining a monopoly. Much of the FTC’s complaint against Amazon was redacted, but The Wall ...
Wall Street Journal

Amazon Used Secret ‘Project Nessie’ Algorithm to Raise Prices

Since Lina Khan became Federal Trade Commission chair in 2021, she’s taken on Meta, Microsoft, and Amazon, and that’s made her a lightning rod for controversy. WSJ breaks down the battles she’s picked ...
Orange County Register

Amazon used secret algorithm to raise prices on other sites, FTC says

Amazon used a secret algorithm that essentially helped the company raise prices on other online sites and “destroyed” some internal communications as the Federal Trade Commission was investigating the ...