A newly unredacted portion of the Federal Trade Commission’s antitrust lawsuit against Amazon says the company used a secret algorithm that essentially helped the company raise prices on other online sites
The Amazon logo is seen, June 15, 2023, at the Vivatech show in Paris. Amazon used a secret algorithm that essentially helped the company raise prices on other online sites and “destroyed” some internal communications as the Federal Trade Commission was investigating the company, according to a newly unredacted portions of the agency’s antitrust lawsuit against the e-commerce giant unveiled Thursday, Nov. 2. (AP Photo/Michel Euler, File)
FILE – The Amazon logo is seen, June 15, 2023, at the Vivatech show in Paris. Amazon used a secret algorithm that essentially helped the company raise prices on other online sites and “destroyed” some internal communications as the Federal Trade Commission was investigating the company, according to a newly unredacted portions of the agency’s antitrust lawsuit against the e-commerce giant unveiled Thursday, Nov. 2. (AP Photo/Michel Euler, File)
FILE – The Amazon logo is seen, June 15, 2023, at the Vivatech show in Paris. Amazon used a secret algorithm that essentially helped the company raise prices on other online sites and “destroyed” some internal communications as the Federal Trade Commission was investigating the company, according to a newly unredacted portions of the agency’s antitrust lawsuit against the e-commerce giant unveiled Thursday, Nov. 2. (AP Photo/Michel Euler, File)
FILE – The Amazon logo is seen, June 15, 2023, at the Vivatech show in Paris. Amazon used a secret algorithm that essentially helped the company raise prices on other online sites and “destroyed” some internal communications as the Federal Trade Commission was investigating the company, according to a newly unredacted portions of the agency’s antitrust lawsuit against the e-commerce giant unveiled Thursday, Nov. 2. (AP Photo/Michel Euler, File)
A newly unredacted portion of the Federal Trade Commission’s antitrust lawsuit against Amazon says the company used a secret algorithm that essentially helped the company raise prices on other online sites
Amazon used a secret algorithm to essentially help raise prices on other online sites and “destroyed” internal communications related to it as the Federal Trade Commission undertook an antitrust investigation against it, according to newly unredacted portions of the agency’s lawsuit.
