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Amazon reportedly used a secret algorithm to jack up prices — A new report details Amazon’s Project Nessie pricing algorithm (www.theverge.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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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.

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[–] postmateDumbass@lemmy.world 2 points 1 year ago (2 children)

You have more faith in the ethical behavior of Amazon than i.

[–] LukeMedia@lemmy.world 1 points 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 -1 points 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.