
Dana Mattioli / Wall Street Journal:
FTC's suit against Amazon describes an algorithm where Amazon would raise product prices and hold them there if rivals followed, allegedly showing consumer harm — The strategy, as described in redacted parts of FTC lawsuit, is part of agency's case that Amazon has outsize influence on consumer prices

Dana Mattioli / Wall Street Journal:
FTC's suit against Amazon describes an algorithm where Amazon would raise product prices and hold them there if rivals followed, allegedly showing consumer harm — The strategy, as described in redacted parts of FTC lawsuit, is part of agency's case that Amazon has outsize influence on consumer prices
Source: TechMeme
Source Link: http://www.techmeme.com/231003/p23#a231003p23