May 18, 2024

AndronETalksNews

AndronETalksNews

Amazon Earned More Than $1 Billion Through Secret Price-Raising Algorithm: FTC

Zero Hedge

By Tyler Durden – November 7, 2023

Authored by Aaron Pan via The Epoch Times (emphasis ours),

Amazon created a secret algorithm that helped the e-commerce giant generate an extra $1 billion dollars, the U.S. Federal Trade Commission (FTC) alleged in a new court filing on Nov. 2.

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