Amazon Algorithmic Pricing Allegedly Hiked up Price of Reference Book to Millions
April 8, 2023
Amazon's pricing algorithm was implicated in a reference book about flies' unusual high price of millions of dollars, allegedly due to two sellers using the paid service which based their product's pricing on one another's as competitors.
- Alleged deployer
- amazon
- Alleged developer
- amazon
- Alleged harmed parties
- amazon
Source
Data from the AI Incident Database (AIID). Cite this incident: https://incidentdatabase.ai/cite/528
Data source
Incident data is from the AI Incident Database (AIID).
When citing the database as a whole, please use:
McGregor, S. (2021) Preventing Repeated Real World AI Failures by Cataloging Incidents: The AI Incident Database. In Proceedings of the Thirty-Third Annual Conference on Innovative Applications of Artificial Intelligence (IAAI-21). Virtual Conference.
Pre-print on arXiv · Database snapshots & citation guide
We use weekly snapshots of the AIID for stable reference. For the official suggested citation of a specific incident, use the “Cite this incident” link on each incident page.