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Posted inMarket

Amazon sued for using illegal algorithm to raise prices by over $1bn

A recent investigation by the Federal Trade Commission (FTC) has revealed that Amazon.com utilized illegal tactics to maintain its dominance in the online retail industry. These strategies not only resulted…
Posted by cepat November 3, 2023
Posted inMarket

Amazon made $1 billion through secret price raising algorithm -FTC

In the world of online retailers, Amazon is a trillion-dollar giant. Yet, the Federal Trade Commission (FTC) raised alarming allegations about the company’s business practices which prompted inquiry of the…
Posted by cepat November 2, 2023
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