this post was submitted on 03 Nov 2023
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Amazon made $1 billion through secret price raising algorithm -US FTC (www.reuters.com)
submitted 1 year ago by [email protected] to c/technology
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[–] [email protected] 3 points 1 year ago (1 children)

That’s literally the argument Amazon is making. They have said the Nessie tool is just for market analysis and doesn’t do 90% of what it’s are accused of doing 🙄

[–] Son_of_dad 2 points 1 year ago (1 children)

Sadly this is exactly what capitalism is though, and the government allows them to do worse

[–] [email protected] 0 points 1 year ago

These companies own 80% of them. The other 20% are already bought by someone else.