• 11/25/2024

Amazon Used Secret ‘Project Nessie’ Algorithm to Raise Prices

Wall Street Journal

Amazon.com used an algorithm code-named “Project Nessie” to test how much it could raise prices in a way that competitors would follow, according to redacted portions of the FTC’s monopoly lawsuit.

https://www.wsj.com/articles/amazon-used-secret-project-nessie-algorithm-to-raise-prices-6c593706