Amazon deployed a secret algorithm to gauge how high it could raise prices before its competitors stopped increasing their prices as well. The FTC’s public antitrust complaint redacted its ...

Amazon used a series of illegal strategies to boost profits at its online retail empire, including an algorithm that boosted prices to US households by more than $1 billion, the Federal Trade ...

Rocher posted on X that Amazon's algorithm "matches perfectly" with predictions that they and co-authors made earlier this year in a report finding that dominant firms' "strong pricing algorithms ...

The agency said Amazon deployed Project Nessie in 2014 and has turned it on and off at least eight times between 2015 and 2019. In 2018 alone, Amazon used the algorithm to set prices for items ...

Amazon has used tricks, algorithms, and surveillance to discourage warehouse employees from unionizing, according to a paper ...

Amazon, the behemoth online retailer, used a secret algorithm called “Project Nessie” to determine how much to raise prices in a manner in which competitors would follow, according to a ...

Amazon.com used an algorithm code-named “Project Nessie” to test how much it could raise prices in a way that competitors would follow, according to redacted portions of the FTC’s monopoly ...

Amazon is under ordinances from Mexican regulators to reveal algorithms, wall off TV streaming as a Prime membership perk, and to avoid 'the logistics method' in the Latin American nation.

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 ...

FILE – The Amazon logo is seen, June 15, 2023, at the Vivatech show in Paris. Amazon used a secret algorithm that essentially helped the company raise prices on other online sites and ...