the US Federal Trade Commission (FTC) and multiple state attorneys general for anti-competitive practices. Details of Amazon's secret project ` `Project Nessie '', which was revealed in this lawsuit, ...

Amazon (AMZN) is receiving criticism after a Wall Street Journal report detailed the online retailer's use of an algorithm — named "Project Nessie" — designed to raise consumer prices and ultimately ...

Add Yahoo as a preferred source to see more of our stories on Google. The FTC's lawsuit against Amazon alleging anti-competitive practices is largely full of things we already knew in a general sense: ...

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 do so safely, ...

References to Amazon’s Project Nessie are redacted extensively in the public version of the FTC complaint. The Federal Trade Commission’s antitrust lawsuit against Amazon alleges, for the first time ...

Amazon used a secret algorithm called Project Nessie to essentially dupe buyers out of more money. That’s according to a new report from The Wall Street Journal which details the algorithm and ...