Amazon used a secret algorithm to essentially help raise prices on other online sites and also "destroyed" internal communications as the Federal Trade Commission undertook an antitrust investigation ...
Amazon used a secret algorithm that essentially helped the company raise prices on other online sites and “destroyed” some internal communications as the Federal Trade Commission was investigating the ...
When the Federal Trade Commission sued Amazon in September, accusing the e-commerce giant of using illegal tactics to maintain its monopoly, a key thrust of its complaint was that Amazon’s tactics ...
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 ...
When the Federal Trade Commission and 17 states sued Amazon for antitrust violations this fall, a heavily redacted portion of the lawsuit referenced “Project Nessie,” a secret algorithmic pricing tool ...
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, ...
Amazon used a series of illegal strategies to boost profits at its online retail empire, including an algorithm that boosted prices to US households by more than $1 billion, the Federal Trade ...
U.S. Reps. Joaquin Castro and Greg Casar, along with state Rep. Barbara Gervin-Hawkins, said local police should focus on public safety rather than immigration policies Amazon used a secret algorithm ...
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