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No. 001/Algorithmic price testing

Amazon

Codename · Project Nessie

The FTC alleges Amazon ran a secret pricing algorithm, internally codenamed Project Nessie, that raised prices to test whether competitors would follow, then held them high when they did, allegedly extracting more than a billion dollars from customers.

Active litigationEvidence
Status of record

Active litigation (FTC v. Amazon)

The alleged harm

On the record

3 sources of public record behind this case.

SourceReferenceDate
FTC v. Amazon.com, Inc. (complaint)Case No. 2:23-cv-01495, W.D. Washington26 Sept 2023
Unredacted portions unsealedCourt order2 Nov 2023
Order on motion to dismiss (granted in part, denied in part)W.D. Washington30 Sept 2024

Cite this page

Spyrou, Sotiris. "Amazon: Project Nessie." Grift, Inc. case files. https://griftinc.com/cases/amazon-project-nessie

This page reports on matters of public record. Claims described in those matters are allegations unless resolved by a court. Corrections and right of reply: hello@griftinc.com.