Jeff Bezos urged Amazon to flood search results with junk ads, FTC alleges
Amazon’s ads strategy helped pump its profits while steering shoppers to higher-priced goods, the agency alleges.
Source: nbcmiami.com
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Amazon used an algorithm to essentially raise prices on other sites, FTC says – NBC 6 South Florida
Amazon used a secret algorithm that essentially helped the company raise prices on other online sites, the FTC alleged.
Source: nbcmiami.com
FTC: Amazon used an algorithm to essentially raise prices on other sites
The new excerpts, unveiled Thursday, alleged company executives intentionally deleted communication by using a feature on the popular app Signal that makes messages disappear.
Source: centralmaine.com
Amazon's Secret Algorithm 'Project Nessie' Raised Prices You Pay On Other Sites, Too - FTC Claims
Amazon's Secret Algorithm 'Project Nessie' Raised Prices You Pay On Other Sites, Too - FTC Claims
Source: klove.com
Amazon used an algorithm to essentially raise prices on other sites, the FTC says
A newly unredacted portion of the Federal Trade Commission's antitrust lawsuit against Amazon says the company used a secret algorithm that essentially helped the company raise prices on other online sites. It also alleges Amazon executives intentionally deleted internal communication during the agency's investigation into the company by using a feature on the popular app Signal that makes messages disappear. By doing this, the FTC says the company destroyed more than two years worth of communications from June 2019 to at least early 2022, despite instructions it gave Amazon not to d...
Source: mymotherlode.com