Amazon used a secret algorithm to essentially help raise prices on other online sites and “destroyed” internal communications related to it as the Federal Trade Commission undertook an ...

Amazon made more than $1 billion in excess profits by employing a secret algorithm codenamed “Project Nessie” that inflated prices, according to newly unredacted portions of the Federal Trade ...

Project Nessie is an algorithm [redacted]. Aware that this scheme belies its public claim that it “seek [s] to be Earth’s most customer-centric company,” [redacted].

Amazon.com used a series of illegal strategies to boost profits at its online retail empire, including an algorithm that pushed up prices U.S. households paid by more than $1 billion, the U.S ...

Amazon, which has 1 billion items in its online superstore, created a “secret algorithm internally code named ‘Project Nessie’ to identify specific products for which it predicts other ...