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Amazon reportedly used a secret algorithm to jack up prices — A new report details Amazon’s Project Nessie pricing algorithm (www.theverge.com)

submitted 1 year ago by [email protected] to c/[email protected]

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Amazon reportedly used a secret algorithm to jack up prices — A new report details Amazon’s Project Nessie pricing algorithm::Amazon deployed a secret algorithm to gauge how high it could raise prices before its competitors stopped increasing their prices as well.

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[–] [email protected] 58 points 1 year ago (12 children)

Use Keepa or CamelCamelCamel to see the price history of the item you want to buy.

[–] [email protected] 2 points 1 year ago (1 children)

Amazon owns camelcamelcamel

[–] [email protected] 5 points 1 year ago (1 children)

Proof?

[–] [email protected] 4 points 1 year ago (1 children)

Ah I am incorrect. I was thinking of woot. Though they did shut down during the pandemic at Amazon's request

[–] [email protected] 1 points 1 year ago

Yeah ever since then CCC has felt sort of unreliable to me. If they're willing to let Amazon tell them what data they can show once, they're willing to do it again. Maybe they're even doing it on an ongoing basis.

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