English
Back
Download
Log in to access Online Inquiry
Back to the Top
avatar
良好股民 commented on a stock · Oct 26, 2022 07:43

Amazon is facing a collective lawsuit.

$Amazon (AMZN.US)$ Amazon is facing a collective lawsuit in the United Kingdom, accused of using a 'secret' algorithm to abuse its dominant position in the online marketplace. According to the law firm Hausfeld, responsible for the case, Amazon hides more favorable trades by using a 'secret and self-serving algorithm' in the Buy Box feature, thereby causing millions of customers to pay higher prices. Hausfeld claims that, according to economists' estimates, potential consumer losses could reach as high as 0.9 billion British pounds.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
1
+0
See Original
Report
18K Views
Comment
Sign in to post a comment
    avatar
    良好股民
    4
    Followers
    22
    Following
    28
    Visitors
    Follow
    Heat List
    US
    SymbolMini ChartPrice
    NVDA
    NVIDIA
    -- 138.850
    TSLA
    Tesla
    -- 355.840
    BABA
    Alibaba
    -- 124.730
    INTC
    Intel
    -- 23.600
    PLTR
    Palantir
    -- 119.160
    Discussing
    Trump 2.0 Era: How will global markets evolve?
    🎙️Discussion: 1. How will tariff policies affect the movement of key assets such as U.S. stocks, gold, and Bitcoin? 2. Given this context, Show More
    MicroStrategy Q4 2024 earnings conference call
    Reassessing Chinese Assets
    Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.