What Is Amazon's Secret ‘Project Nessie’?
The Journal.
The Wall Street Journal
4.2 • 5.8K Ratings
🗓️ 6 October 2023
⏱️ 17 minutes
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| 0:00.0 | Last week, the Federal Trade Commission sued one of the biggest tech companies in the |
| 0:10.7 | world, Amazon. |
| 0:13.7 | The Federal Trade Commission in 17 states have brought a sweeping lawsuit against Amazon, |
| 0:18.5 | alleging that the company abused its power to raise prices for shoppers, and also levy |
| 0:27.4 | all sorts of high fees against businesses that happen to sell on its platform. |
| 0:33.0 | I asked my colleague, Dana Maddie-Oli, about the lawsuit. |
| 0:37.4 | How long is the lawsuit? |
| 0:39.2 | It's 172 pages, it's not light reading. |
| 0:42.4 | How long did it take you to read all 172 pages of this lawsuit? |
| 0:46.2 | Oh, I had like a cram session the night it came out and it just stayed up until I read |
| 0:51.6 | it. |
| 0:52.6 | Did anything jump out at you? |
| 0:54.4 | Yeah, so there was something like pretty mysterious about this lawsuit when it was filed. |
| 0:59.2 | There was a section called Project Nessie. |
| 1:05.0 | I can't tell you how many cartridges of ink I went through printing this because it was |
| 1:09.5 | almost fully redacted. |
| 1:11.6 | So this like peaked to your curiosity? |
| 1:14.0 | I think it peaked everyone's curiosity. |
| 1:16.6 | And did you find out what Project Nessie is? |
| 1:19.4 | We did. |
| 1:23.8 | Welcome to the journal, our show about money, business, and power. |
| 1:28.2 | I'm Kate Leimbaugh, it's Friday, October 6th. |
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