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.

  • postmateDumbass@lemmy.world
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    1 year ago

    Amazon gets sales data, not just pricing data that can be scraped.

    Its the extra data they get by controlling the platform/marketplace that becomes problematic imo.

    • ShittyRedditWasBetter@lemmy.world
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      1 year ago

      I agree that could be a sticking point, and maybe end up with a minor fine for that. Amazon (and Google+ Ms) typically are very good at separating that data. I'm not sure what Amazon would use that here.

      The details are sparse, but that's not what I read they are doing here.

        • LukeMedia@lemmy.world
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          1 year ago

          I have a feeling that, if they are separating data properly, it's not to be ethical and good. I would imagine they do this for compliance.

        • ShittyRedditWasBetter@lemmy.world
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          1 year ago

          Amazon is pretty upfront with customer data and protects it well. You might not agree with their policy, but they've never lied to the b2b and AWS customers.