518
Unredacted FTC suit shows 'Project Nessie' price-raising algorithm made Amazon $1.4B
(techcrunch.com)
this post was submitted on 02 Nov 2023
518 points (99.4% liked)
Technology
58303 readers
13 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
No, the government gets a couple million in fines and Amazon raises their prices to compensate for the next quarter but never lowers the cost so they'll make even more the quarter after.