The Wall Street Journal: FTC asks Amazon, Walmart, others about how they’re handling supply-chain issues


The Federal Trade Commission is seeking information from Inc. AMZN, +1.63%,  Procter & Gamble Co. PG, +1.05%,  Walmart Inc. WMT, -1.57%  and others about how they are handling supply-chain snarls, part of a study into whether the problems have led to anticompetitive behavior and higher prices.

The document request isn’t part of any law-enforcement action, the FTC said in a press release. Instead, the agency said it is looking to understand the reasons behind the widespread supply-chain problems that have crimped economic growth.

The agency is also seeking 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%.   The companies have 45 days to respond.

The order will require the companies to detail how they are navigating the supply- chain crisis, including how it has affected the availability of transportation, delayed orders and led to increased prices. The FTC also wants to know what companies are doing to fix the problems and how they allocate products among stores when products are scarce.

Also popular on

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

Workers quit jobs in droves to become their own bosses.

This article was originally published by Read the original article here.

Previous articleBiden convenes retail-sector CEOs to discuss inflation and supply chains
Next articleSalesforce stock rallies to snap longest losing streak in 21 months a day before earnings report


Please enter your comment!
Please enter your name here