Amazon had secret algorithm to hike prices, claims FTC
Project Nessie named in the antitrust suit, alleging Bezos's bunch pulled in an extra billion-plus A redacted portion of the US Federal Trade Commission's antitrust lawsuit against Amazon last week has come to light, and with it more details of a secret pricing algorithm known as "Project Nessie" - which the FTC argued has "no valid and cognizable justification" other than an attempt to stifle competition....