Devin Coldewey / TechCrunch:

New details from FTC lawsuit: Amazon made $1.4B through Project Nessie, an algorithmic scheme that raised product prices and held them there if rivals followed  —  The mysterious “Project Nessie,” hinted at in what little was not redacted in the FTC's lawsuit against Amazon …

Devin Coldewey / TechCrunch:

New details from FTC lawsuit: Amazon made $1.4B through Project Nessie, an algorithmic scheme that raised product prices and held them there if rivals followed  —  The mysterious “Project Nessie,” hinted at in what little was not redacted in the FTC's lawsuit against Amazon …

Source: TechMeme
Source Link: http://www.techmeme.com/231102/p30#a231102p30