Amazon used a secret algorithm to raise prices Report OrissaPOST

Amazon used a secret algorithm to raise prices Report  OrissaPOST

San Francisco: E-commerce giant Amazon reportedly deployed a secret algorithm to gauge how much it could raise prices on its platform which allegedly helped the company increase its profits. The Wall Street Journal reported late Tuesday, citing redacted portions of the Federal Trade Commission (FTC) monopoly lawsuit against the e-commerce…Read More

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