New details of FTC antitrust lawsuit against Amazon made public
) were made public on Thursday, including the government's claim the online giant deliberately raised prices by more than $1 billion through secret algorithms.
The FTC filed suit in September but many details were withheld from public view until Thursday when a version of the lawsuit with fewer redactions was made public in U.S. District Court in Seattle. The FTC said Amazon created a"secret algorithm internally codenamed 'Project Nessie' to identify specific products for which it predicts other online stores will follow Amazon’s price increases."We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.
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