Amazon reportedly used a secret algorithm to jack up prices
www.theverge.com
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The FTC’s public antitrust complaint redacted its Project Nessie section.

Amazon reportedly used a secret algorithm to jack up prices — A new report details Amazon’s Project Nessie pricing algorithm::Amazon deployed a secret algorithm to gauge how high it could raise prices before its competitors stopped increasing their prices as well.

@Marcbmann@lemmy.world
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31Y

The subscribe and save price reflects the listing price at the time your order is fulfilled.

As a seller, the number of subscriptions evaporates if I increase the price on an item.

What you are describing is not a tactic any business is intentionally employing. It’s more likely born of incompetence.

@LukeMedia@lemmy.world
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11Y

That may be the case, but I have to admit, assuming malice is a lot more fun!

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