The Secret Algorithm Amazon Used to Raise Prices

Amazon used a secret algorithm code-named “Project Nessie” to test how much it could raise prices and get competitors to follow. The plan is outlined in redacted portions of the government’s monopoly case against the e-commerce giant. WSJ reporter Dana Mattioli joins Zoe Thomas to explain how it worked. Plus, Meta wants to charge Europeans to use its apps. Photo: Stephanie Keith/Bloomberg News