Last week, it seemed that OpenAI—the secretive firm behind ChatGPT—had been broken open. The company’s board had suddenly fired CEO Sam Altman, hundreds of employees revolted in protest, Altman was ...

New details have emerged about Amazon.com Inc.’s “Project Nessie” algorithm, which is a major focus of a lawsuit the Federal Trade Commission recently brought against the company. The Wall Street ...

The Project Nessie algorithm tested Amazon price hikes against its competitors. The Project Nessie algorithm tested Amazon price hikes against its competitors. Amazon’s secret pricing algorithm, ...

The mysterious “Project Nessie,” hinted at in what little was not redacted in the FTC’s lawsuit against Amazon, is indeed an algorithmic pricing scheme that raised prices where it could do so safely, ...

Both the Federal Trade Commission (FTC) and the Department of Justice’s Antitrust Division have focused their sights on big technology companies. Understanding the precedents set by these suits is ...

References to Amazon’s Project Nessie are redacted extensively in the public version of the FTC complaint. The Federal Trade Commission’s antitrust lawsuit against Amazon alleges, for the first time ...