technology2 years ago
"FTC Exposes Amazon's Secret Algorithm for Price Gouging"
Unredacted documents in the FTC's lawsuit against Amazon have revealed the existence of a secret price-gouging algorithm used by the company. The algorithm allegedly allowed Amazon to manipulate prices and unfairly compete with third-party sellers on its platform. The documents shed light on the inner workings of Amazon's pricing strategies, which have been a subject of scrutiny and criticism.