Wall Street Journal

The Secret Algorithm Amazon Used to Raise Prices

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Zoe Thomas: Welcome to Tech News Briefing. It's Wednesday, October 4th. I'm Zoe ...
komonews

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

Amazon used a secret algorithm to essentially help raise prices on other online sites and “destroyed” internal communications related to it as the Federal Trade Commission undertook an antitrust ...
JD Supra

The FTC and State Case Against Amazon Highlights Risks and Impacts from Using Pricing Algorithms

Both the Federal Trade Commission (FTC) and the Department of Justice’s Antitrust Division have focused their sights on big technology companies. Understanding the precedents set by these suits is ...
Ars Technica

Report: Amazon made $1B with secret algorithm for spiking prices Internet-wide

Last week, the Federal Trade Commission sued Amazon, alleging that the online retailer was illegally maintaining a monopoly. Much of the FTC’s complaint against Amazon was redacted, but The Wall ...