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Amazon ‘robo-pricing’ sparks fears

Tensions over growing use of algo trading

High-speed trading tools pioneered in the stock market are increasingly driving price movements on Amazonas sellers use them to undercut and outwit each other.
Prices change as often as every 15 minutes as some of the 2m sellers on the site join the online retailer in using computerised tools, often developed by former data miners at banks.

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