FTC

Report: Amazon Accused of Using Secret Algorithm to Raise Prices

Report: Amazon Accused of Using Secret Algorithm to Raise Prices
Report: Amazon Accused of Using Secret Algorithm to Raise Prices
October 03, 2023  |  Amazon

The Federal Trade Commission (FTC) has reportedly alleged that Amazon used a secret algorithm code-named “Project Nessie” to test the limits of price increases while ensuring competitors would...

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FTC Suit Accuses Amazon of Running Illegal Monopoly
FTC Suit Accuses Amazon of Running Illegal Monopoly
September 26, 2023  |  Amazon

The Federal Trade Commission (FTC) has sued Amazon, charging the retail giant with “illegally [maintaining] its monopoly power.” Get the Full Story Complete the form...

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How Transparency and High Earners Power a $96-Billion Subscription Industry 
How Transparency and High Earners Power a $96-Billion Subscription Industry 
September 26, 2023  |  Subscription Commerce

In 2022, the subscription eCommerce market was valued at $96.61 billion, according to ReportLinker. As consumers increasingly embrace subscriptions, the sector is projected to be...

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Report: FTC to Sue Amazon for Antitrust Violations Next Week
Report: FTC to Sue Amazon for Antitrust Violations Next Week
September 22, 2023  |  Amazon

The Federal Trade Commission (FTC) is reportedly expected to file a lawsuit against Amazon for antitrust violations next week. Get the Full Story Complete the form to unlock this...

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Amazon Cancels Planned Fee for Merchants Not Using Its Shipping Services
Amazon Cancels Planned Fee for Merchants Not Using Its Shipping Services
September 20, 2023  |  Amazon

Amazon has canceled a planned fee on merchants who don’t use its shipping services. Get the Full Story Complete the form to unlock this article...

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FTC Alleges Amazon Executives Aware of Deceptive Practices Around Subscriptions
FTC Alleges Amazon Executives Aware of Deceptive Practices Around Subscriptions
September 20, 2023  |  Amazon

The Federal Trade Commission (FTC) has named three senior Amazon executives in an amended complaint, alleging their involvement in deceptive practices related to the company’s Prime program. Get the Full...

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FTC’s Amazon Antitrust Suit Could Arrive This Month
FTC’s Amazon Antitrust Suit Could Arrive This Month
September 06, 2023  |  ANTITRUST

The Federal Trade Commission (FTC) is reportedly set to sue Amazon later this month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Tackling AI With AI May Not Be Ideal. Not Yet, at Least.
Tackling AI With AI May Not Be Ideal. Not Yet, at Least.
August 31, 2023  |  Artificial Intelligence

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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