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Home/AI Incident Database/Amazon Algorithmic Pricing Allegedly Hiked up Price of Reference Book to Millions

Amazon Algorithmic Pricing Allegedly Hiked up Price of Reference Book to Millions

Amazon's pricing algorithm was implicated in a reference book about flies' unusual high price of millions of dollars, allegedly due to two sellers using the paid service which based their product's pricing on one another's as competitors.

Severity: LowLack of capability or robustness

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incidentdatabase.aihttps://incidentdatabase.ai/cite/528/

Incident summary from the AI Incident Database, used under CC BY-SA 4.0.

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Amazon Algorithmic Pricing Allegedly Hiked up Price of Reference Book to Millions

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