Today, the U.S. Federal Trade Commission (“FTC”) adopted a final rule (3-2) banning new non-compete agreements for both senior executives and non-senior executives. Companies may continue to enforce ...
On April 23, 2024, in a move that will have significant ramifications for employment contracts and intellectual property (IP) rights, the Federal Trade Commission (FTC) issued a rule banning all ...
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 ...
"Project Nessie" is a series of algorithms that Amazon allegedly used to raise prices by over $1 billion in just two years. As Amazon would argue, Amazon's dominance of the online retail space has ...
Amazon used a series of illegal strategies to boost profits at its online retail empire, including an algorithm that boosted prices to US households by more than $1 billion, the Federal Trade ...
Amazon is accused of employing a “secret algorithm” to inflate prices by over $1 billion. Amazon refutes the allegations, stating that “Project Nessie” was intended to prevent unsustainable price ...
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