Passenger cap saga still ongoing as DAA boss Kenny Jacobs continues to push for expansion DAA chief executive Kenny Jacobs. Photo: Getty Dublin Airport's Terminal Two. Photo: Getty DAA is committed to ...
Since Lina Khan became Federal Trade Commission chair in 2021, she’s taken on Meta, Microsoft, and Amazon, and that’s made her a lightning rod for controversy. WSJ breaks down the battles she’s picked ...
Amazon made more than $1 billion in excess profits by employing a secret algorithm codenamed “Project Nessie” that inflated prices, according to newly unredacted portions of the Federal Trade ...
New details have emerged about Amazon.com Inc.’s “Project Nessie” algorithm, which is a major focus of a lawsuit the Federal Trade Commission recently brought against the company. The Wall Street ...
The mysterious "Project Nessie," hinted at in what little was not redacted in the FTC's lawsuit against Amazon, is indeed an algorithmic pricing scheme that raised prices where it could do so safely, ...
The FTC’s lawsuit against Amazon alleging anti-competitive practices is largely full of things we already knew in a general sense: price hikes, pressure to use Amazon fulfillment and so on. But then ...
Amazon (AMZN) is receiving criticism after a Wall Street Journal report detailed the online retailer's use of an algorithm — named "Project Nessie" — designed to raise consumer prices and ultimately ...