FTC Lawsuit Exposes Amazon's Alleged Price Gouging and Deceptive Practices

FTC lawsuit against Amazon reveals new details about pricing algorithm "Project Nessie" that allegedly raised prices and cost consumers over $1 billion.

Lawsuit claims Amazon crammed site with irrelevant ads on Bezos' direction, juicing revenues at expense of consumers.

Amazon hid execs' communications on sensitive topics using Signal app, according to complaint.

Lawsuit reveals figures showing Amazon's scale - over 1 billion products, 70% don't click past 1st search page.

Complaint details how Amazon promoted its own products as "recommended" when they weren't, and raised prices knowing rivals would follow.