Comment on Unredacted FTC suit shows 'Project Nessie' price-raising algorithm made Amazon $1.4B

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blazera@kbin.social ⁨1⁩ ⁨year⁩ ago

Anti-trust means opposing monopoly, i assume you mean anti-competitive. And one company making price changes for their own prices is not anti-competitive, especially when its price increases. Thats encouraging competition. Competition is other companies aiming to sell to you for better quality or cheaper prices, and Amazon going up in price just gives competitors more opportunity to outdo them on price. That theyre taking the opportunity to raise their own prices isnt on Amazon in any way, unless it was a concerted price gouging scheme.

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