WSJ Tech News Briefing

The Secret Algorithm Amazon Used to Raise Prices


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Amazon used a secret algorithm code-named “Project Nessie” to test how much it could raise prices and get competitors to follow. The plan is outlined in redacted portions of the government’s monopoly case against the e-commerce giant. WSJ reporter Dana Mattioli joins Zoe Thom as to explain how it worked. Plus, Meta wants to charge Europeans to use its apps.
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WSJ Tech News BriefingBy The Wall Street Journal

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