The Project Nessie algorithm tested Amazon price hikes against its competitors. The Project Nessie algorithm tested Amazon price hikes against its competitors. Amazon’s secret pricing algorithm, ...

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 ...

New details have emerged about Amazon.com Inc.’s “Project Nessie” algorithm, which is a major focus of a lawsuit the Federal Trade Commission recently brought against the company. The Wall Street ...

References to Amazon’s Project Nessie are redacted extensively in the public version of the FTC complaint. The Federal Trade Commission’s antitrust lawsuit against Amazon alleges, for the first time ...

Amazon has become ubiquitous with shopping. If you want nearly anything, you can get it on Amazon, typically for cheaper price compared to other top retailers. Plus, Prime members often receive their ...

Amazon deployed a secret algorithm to gauge how high it could raise prices before its competitors stopped increasing their prices as well, according to a new report from The Wall Street Journal ...