FTC asks Amazon, Walmart, others how they handle supply chain issues

The Federal Trade Commission is seeking information from Amazon.com Inc.
+ 1.63%
Procter & Gamble Co.
+ 1.05%
Walmart Inc.

and others on how they are handling supply chain troubles, part of a study to see if the problems lead to anticompetitive behavior and higher prices.

The FTC said the document request was not part of any law enforcement action in a press release. Instead, the agency said it was seeking to understand the causes behind widespread supply chain problems that have hampered economic growth.

The agency is also seeking documents and information from Kroger Co.
C&S Gro Cancer Inc., Gro Cancer Inc. Wholesale Associates, McLane Company, Tyson Foods Inc.
and Kraft Heinz Co.
Companies have 45 days to respond.

The order will require companies to detail how they are navigating the supply chain crisis, including how it has impacted transportation availability, delayed orders, and more. and lead to price increases. The FTC also wants to know what companies are doing to fix the problem and how they allocate products between stores when products are scarce.

Also popular on WSJ.com:

Ghost kitchens are proving to be a messy business, as Reef Global shows.

Workers quit in droves to become their own bosses.

https://www.marketwatch.com/story/ftc-asks-amazon-walmart-others-about-how-theyre-handling-supply-chain-issues-11638246573?rss=1&siteid=rss FTC asks Amazon, Walmart, others how they handle supply chain issues


Inter Reviewed is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@interreviewed.com. The content will be deleted within 24 hours.

Related Articles

Back to top button