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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Bezos engineered Amazon shift toward irrelevant ads, newly unredacted FTC lawsuit alleges
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.
Source: wraltechwire.com
FTC: Amazon used algorithm to raise prices on other sites
The new excerpts unveiled today allege Amazon executives intentionally deleted communication by using a feature on the popular app Signal that makes messages disappear.
Source: staradvertiser.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.
Source: local10.com
Amazon used an algorithm to essentially raise prices on other sites, FTC says – NBC 5 Dallas-Fort Worth
Amazon used a secret algorithm that essentially helped the company raise prices on other online sites, the FTC alleged.
Source: nbcdfw.com