Amazon used a secret algorithm that essentially helped the company raise prices on other online sites and “destroyed” some internal communications as the Federal Trade Commission was investigating the ...

Amazon used a series of illegal strategies to boost profits at its online retail empire, including an algorithm that boosted prices to US households by more than $1 billion, the Federal Trade ...

“The scope of the trade secret remained too vague for the CAFC, which reasoned that ‘a jury would not be able to distinguish which aspects are known to the trade from those which are not.’” The U.S.

The Federal Trade Commission and 17 states are suing Amazon, alleging violation of antitrust laws. The FTC says Amazon used a tool to predict where it can raise prices and have rival sites follow suit ...

“Because of the nature of AI tools or systems, additional protections should be implemented to prevent their unauthorized disclosure.” As artificial intelligence (AI) systems become central to ...

Trade secret protection can be the reason a business survives, or is one day sold for a lot of money. Not protecting trade secrets can result in business failure or mediocrity. A trade secret may be a ...

February 15, 2024 - Trade secret claims can result in extraordinary damages awards. In the past few years, juries have returned verdicts awarding hundreds of millions, and even billions, of dollars to ...

Trade secrets are a cornerstone in the strategic architecture of businesses, representing invaluable assets that give it a competitive edge. These could encompass formulas, practices, processes, ...