Amazon reportedly used a secret algorithm to jack up prices
www.theverge.com
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.

  • MooseBoys@lemmy.worldEnglish
    241·
    1 year ago
    while(amazon_price < GetCompetitorPrice()) {
  amazon_price += 1;
  Sleep(kOneHour);
};
our_price = GetCompetitorPrice() - 1;

    ”SeCrEt AlGoRiThM!!!1” - The Verge