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A comment on Amazon Used Secret ‘Project Nessie’ Algorithm to Raise Prices. Parent comment

Re:Amazon Used Secret ‘Project Nessie’ Algorithm to Raise Pr... by gorlilla on Tuesday October 03, 2023 @03:15PM (#37756229)
Amazon's price-matching algorithm does nefarious things.

I'd argue that the 'lower prices' just let amazon disperse the cost of markdowns across all of the vendors. Meaning Amazon still benefits from the lower pricing because they get possibly extra sales but only absorb the cost on 'their' products which were still matched to their 'competition' who were stuck matching Amazon.

[ Parent | on HN ]
Re:Amazon Used Secret ‘Project Nessie’ Algorithm to Raise Pr... by paulddraper on Tuesday October 03, 2023 @03:33PM (#37756472)
> price-matching algorithm

Half the stores I walk into have price matching.

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