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Home/AI Incident Database/The FTC alleges Amazon's secret "Project Nessie" algorithm raised prices across the internet

The FTC alleges Amazon's secret "Project Nessie" algorithm raised prices across the internet

Unsealed FTC filings described an Amazon pricing algorithm designed to probe how far competitors would follow price rises, an alleged algorithmic tacit-collusion engine.

Severity: Highamazonproject nessiepricingftc

Sources

ftc.govhttps://www.ftc.gov/legal-library/browse/cases-proceedings/1910129-amazoncom-inc-ftc-v

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The FTC alleges Amazon's secret "Project Nessie" algorithm raised prices across the internet

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