FTC orders Walmart, Amazon, Kroger and more to turn over information on empty shelves, high prices

Link:https://www.usatoday.com/story/money/shopping/2021/11/29/supply-chain-ftc-investigation-walmart-amazon-prices/8799724002/

Excerpt:

The Federal Trade Commission said Monday that it is investigating the causes behind ongoing supply chain disruptions and how they are “causing serious and ongoing hardships for consumers and harming competition in the U.S. economy.”

The FTC said it is ordering Walmart, Amazon, Kroger, other large wholesalers and suppliers including Procter & Gamble Co., Tyson Foods and Kraft Heinz Co. “to turn over information to help study causes of empty shelves and sky-high prices.”

Orders also are being sent to C&S Wholesale Grocers, Inc., Associated Wholesale Grocers, Inc. and McLane Co, Inc.

Author(s): Kelly Tyko

Publication Date: 29 Nov 2021

Publication Site: USA Today