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Amazon’s secret pricing scheme made it an extra $1 billion, FTC says
Amazon’s secret pricing scheme made it an extra $1 billion, FTC says Illustration by Alex Castro / The VergeAmazon’s secret pricing algorithm, codenamed “Project Nessie,” may have generated the company more than $1 billion in extra profits, according to new details released Thursday from the Federal Trade Commission’s antitrust case against the e-commerce giant.
In September, the FTC and more than a dozen state ...
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