Amazon algorithm juiced prices, cost US consumers $1 billion new FTC lawsuit documents allege
By Brian Fung, CNN
Source: erienewsnow.com
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By Brian Fung, CNN
By Brian Fung, CNN
Amazon founder Jeff Bezos personally directed a monumental shift in the company’s e-commerce business to embrace online advertising, according to a newly unredacted version of an antitrust lawsuit filed this fall by the Federal Trade Commission and 17 states.
The online retail giant has also dropped a surprise sale on its Kindle devices
Shoppers can drop the price of the model if they know where to find the code