‘We were at their mercy’: inside the Amazon tactics that hiked prices across the internet

Internal emails revealed in court and interviews with ex-employees describe how Amazon’s practices drove up prices for competitors like Walmart and Target. Amazon denies price-fixing claims and says i ...
WTEN

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

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. Amazon used a secret algorithm to ...
Marketplace

EU regulators request information on Amazon’s algorithms

Online sales in the U.S. surpassed $14 billion during Amazon Prime Day last week, according to Adobe Analytics. Amazon’s heft and promotional power continue to drive sales, even for rivals, during the ...
Washington Monthly

How Amazon’s AI Algorithms Raise the Prices You Pay

In 2023, the Federal Trade Commission, then led by Joe Biden appointee Lina Khan, along with 17 states, filed an antitrust lawsuit against Amazon. The case, finally scheduled to go to trial next year, ...

The Secret Algorithm Amazon Used to Raise Prices

Amazon used a secret algorithm code-named “Project Nessie” to test how much it could raise prices and get competitors to follow. The plan is outlined in redacted portions of the government’s monopoly ...
Yahoo

The Trust Algorithm: Former Amazon VP warns against using AI as a therapist or typing private data

Add Yahoo as a preferred source to see more of our stories on Google. Former Amazon VP Alice Sesay Pope joins Fox 4 to discuss her book "The Trust Algorithm" and warns users about the hidden dangers ...
WXYZ

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

The antitrust case is the most aggressive move the government has taken to tame the market power of Seattle-based Amazon. Amazon used a secret algorithm that essentially helped the company raise ...