FTC asks Amazon, Walmart, others about how they’re dealing with supply-chain points
Federal Trade Commission requests information from Amazon.com Inc. AMZN, +1.63%,
Procter & Gamble Co. PG, +1.05%,
Walmart Inc. WMT, -1.57% and others on how they deal with supply chain confusion, part of a study that looked at whether the issues resulted in anti-competitive behavior and higher prices.
The document request is not part of a law enforcement action, the FTC said in a press release. Instead, the agency said it was trying to understand the reasons behind the widespread supply chain problems that have slowed economic growth.
The agency is also looking for documents and information from Kroger Co. KR, -1.83%,
C&S Wholesale Grocers Inc., Associated Wholesale Grocers Inc., McLane Co., Tyson Foods Inc. TSN, + 0.66%,
and Kraft Heinz Co. KHC, -0.14%.
Companies have 45 days to reply.
In the order, companies must detail how they are handling the supply chain crisis, including the impact on the availability of transportation, delayed orders and increased prices. The FTC also wants to know what companies are doing to fix the issues and how to distribute products to stores when products are in short supply.
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