FILE – The Amazon logo is seen, June 15, 2023, at the Vivatech show in Paris. Amazon used a secret algorithm that essentially helped the company raise prices on other online sites and ...

Amazon used a secret algorithm code-named “Project Nessie” to test how much it could raise prices and get competitors to follow. The plan is outlined in redacted portions of the government’s ...

A newly unredacted portion of the FTC's antitrust lawsuit against Amazon says the company used a secret algorithm that essentially helped the company raise prices on other online sites.

The FTC also alleges that Amazon executives intentionally deleted communications, according to newly unredacted portions of an antitrust lawsuit.

Amazon used a secret algorithm that essentially helped the company raise prices on other online sites, the FTC alleged.

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 ...

Amazon activated the algorithm to raise prices on some products, and when other sites followed its lead, it kept the elevated prices in place, the agency said.

Amazon activated the algorithm to raise prices on some products, and when others followed its lead, it kept the elevated prices in place, the agency said. Using Nessie has generated more than $1 ...

FILE – The Amazon logo is seen, June 15, 2023, at the Vivatech show in Paris. Amazon used a secret algorithm that essentially helped the company raise prices on other online sites and ...

Amazon activated the algorithm to raise prices on some products, and when others followed its lead, it kept the elevated prices in place, the agency said.