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FTC's suit against Amazon describes an algorithm where Amazon would raise product prices and hold them there if rivals followed, allegedly showin


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2023-10-03 18:42:32
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Developers , Policy / Governance

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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


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