Amazon Falls After Report That the Company Prioritized Profit in Its Search Listings
- Amazon emphasized profitability after internal debate
- Tech giants under scrutiny for how they run their marketplaces
A red light scans a parcel at an Amazon.com Inc. fulfilment center in Koblenz, Germany.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
Amazon.com Inc. shares fell following a report that the e-commerce giant adjusted its product search results to emphasize items that are more profitable to the company.
The Wall Street Journal reported Monday that, following an internal debate, Amazon late last year changed its secret algorithm that ranks search results to lift more profitable items, a departure for a company that typically emphasized customer satisfaction and bestsellers.