project nessie
Government & Policy
Unredacted FTC suit shows ‘Project Nessie’ price-raising algorithm made Amazon $1.4B
10:46 am PDT • November 2, 2023
The mysterious “Project Nessie,” hinted at in what little was not redacted in the FTC’s lawsuit against Amazon, is indeed an algorithmic pricing scheme that raised prices where it could…
Government & Policy
What is Amazon’s [redacted] ‘Project Nessie’ algorithm?
3:56 pm PDT • September 26, 2023
The FTC’s lawsuit against Amazon alleging anti-competitive practices is largely full of things we already knew in a general sense: price hikes, pressure to use Amazon fulfillment and so on.…