Browsing Tag

unfair competition

Amazon would have used an algorithm to gain benefits

Amazon used a secret algorithm to increase the prices of its products and that helped it improve its profits on items in all purchasing categories, thus favoring unfair competition. This algorithm was used in what was internally known as Project Nessie and allowed the company to obtain more than a…

European Commission monitors increase in bioethanol imports

The European Commission has announced that it will monitor from this Wednesday the evolution of bioethanol imports to the EU, which have increased "significantly" and at "low prices" during the crisis derived from the coronavirus pandemic…