Skip to content
Technology Security Information
  • Home
  • News
  • Security
  • Cyber Security
  • Threats

FTC Alleges Amazon Used a Price-Gouging Algorithm

Posted on November 2, 2023

Amazon faces allegations from the U.S. Federal Trade Commission (FTC) of wielding price-gouging algorithms through an operation called “Project Nessie” according to court documents filed Thursday. The FTC says the algorithm has generated more than $1 billion in excess profit for Jeff Bezos’s e-commerce giant.

Read more…

Posted in News

Post navigation

Previous: Study Reveals Shrinking Timeframe to Contain Global Warming to 1.5 Degrees
Next: How Disneyland Brought Indiana Jones to Life in Its Iconic Ride

Recent Posts

  • Our Best Look Yet at a Solar Flare Reveals the Sun’s Wilder Side
  • Starlink Puts the Last Nail in Burning Man’s Coffin
  • Great Scott! ‘Back to the Future’ Is Getting a Snazzy Theatrical Re-Release
  • US and Dutch Police dismantle VerifTools fake ID marketplace
  • European Organizations Hit by Sophisticated PDF Editor Malware Campaign

Recent Comments

No comments to show.

Archives

  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023

Categories

  • Cyber Security
  • News
  • Security
  • Threats
  • Uncategorized

Related Posts

Prime Minister of Sweden Dragged for Admitting He Uses ChatGPT to Help Him Make Decisions

  • News

This seems good.

  • rooter
  • August 6, 2025
  • 1 min read
  • 0

Experts warn of actively exploited FreePBX zero-day

  • News

Sangoma warns of an actively exploited FreePBX zero-day affecting systems…

  • rooter
  • August 29, 2025
  • 3 min read
  • 0

1 von 4 Verbrauchern war im letzten Jahr mit einem Sicherheitsvorfall konfrontiert, zeigt der Bitdefender-Bericht

  • News

Der Bitdefender 2024 Consumer Cybersecurity Assessment Report [https://www.bitdefender.de/blog/hotforsecurity/bitdefender-veroffentlicht-bericht-zur-bewertung-der-cybersicherheit-fur-verbraucher-2024/] zeigt, dass…

  • rooter
  • June 5, 2024
  • 1 min read
  • 0

Why Godzilla Has Returned, Cuter Than Ever

  • News

Godzilla is used to towering over cities and lording his…

  • rooter
  • April 11, 2023
  • 1 min read
  • 0
Copyright © 2025 Technology Security Information Theme: Translucent Blog By Adore Themes.