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 ...

Amazon, the behemoth online retailer, used a secret algorithm called “Project Nessie” to determine how much to raise prices in a manner in which competitors would follow, according to a lawsuit filed ...

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It looks like Amazon is hellbent on keeping its spot as the biggest online retailer — even if that means hurting both sellers and customers. In September, the FTC filed a long-expected antitrust ...