New details from FTC lawsuit: Amazon made $1.4B through Project Nessie, an algorithmic scheme that raised product prices and held them there if rivals followed (Devin Coldewey/TechCrunch)

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Devin Coldewey / TechCrunch:
New details from FTC lawsuit: Amazon made $1.4B through Project Nessie, an algorithmic scheme that raised product prices and held them there if rivals followed  —  The mysterious “Project Nessie,” hinted at in what little was not redacted in the FTC's lawsuit against Amazon …

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