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

• ElectroNeutrino@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Go ahead and tell the FTC that you know the law better than they.

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  • blazera@kbin.social ⁨1⁩ ⁨year⁩ ago

    let them tell you https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/dealings-competitors/price-fixing

    Price fixing is an agreement (written, verbal, or inferred from conduct) among competitors to raise, lower, maintain, or stabilize prices or price levels. Generally, the antitrust laws require that each company establish prices and other competitive terms on its own, without agreeing with a competitor.

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    • ElectroNeutrino@lemmy.world ⁨1⁩ ⁨year⁩ ago

      And yet, they are the ones accusing Amazon of price fixing.

      Like I said. go tell them that they got it wrong.

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