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What Is Project Nessie

Amazon ran a secret pricing algorithm, codenamed "Project Nessie", that may have generated the e-commerce platform more than $1 billion in extra profits, according to new details that emerged from the US Federal Trade Commission’s (FTC) antitrust case against the company.

Amazon made extra $1 bn in profit via secret pricing algorithm: US FTC

Nov 3, 2023

IANS

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