Damon Kiesow

On the day we discovered the million dollar prices, the copy offered by bordeebook was1.270589 times the price of the copy offered by profnath. And now the bordeebook copy was 1.270589 times profnath again. So clearly at least one of the sellers was setting their price algorithmically in response to changes in the other’s price.

- The Infinite Loop Of Algorithmic Pricing On Amazon… Or How A Book On Flies Cost $23,698,655.93 | Techdirt