517

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

51 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments

[-] CodingCarpenter@lemm.ee 2 points 1 year ago

Amazon owns camelcamelcamel

[-] Hobbes@startrek.website 5 points 1 year ago

Proof?

[-] CodingCarpenter@lemm.ee 4 points 1 year ago

Ah I am incorrect. I was thinking of woot. Though they did shut down during the pandemic at Amazon's request

[-] DrMango@lemmy.world 1 points 1 year ago

Yeah ever since then CCC has felt sort of unreliable to me. If they're willing to let Amazon tell them what data they can show once, they're willing to do it again. Maybe they're even doing it on an ongoing basis.

this post was submitted on 04 Oct 2023

517 points (97.3% liked)

Technology

59312 readers

4742 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS