Amazon.com used a series of illegal strategies to boost profits at its online retail empire, including an algorithm that pushed up prices U.S. households paid by more than $1 billion, the U.S. Federal Trade Commission detailed in a new court filing on Thursday.
I’m surprised that there are still people who are surprised about this price hiking algorithm. Have you never seen weirdly fluctuating proves on Amazon before?!
I’ve seen the price go up just by putting it in the basket.
They claimed they stopped using this system a few years ago… pretty sure that’s a technicality where they’re using a successor.
One of the most annoying things for me is how prices fluctuate on items that can’t possibly have that much fluctuation. The following were all sold and fulfilled by Amazon directly. These bandages I use… one week $8, then $13 next time I look, then $10, then $6. Hot sauce: one time $12, then $15, then $20, then $16. Biscuit mix: one time $24, then $45, then $36. It’s all very opaque. I just want one price.
I’ve had items show different prices of an item on 3 different devices all logged into the same account.