Connect with us

Headlines

FTC Probes Retailers on Consumer Pricing

From our sister site VMSD: Letters sent to 9 major companies requesting more info.

mm

Published

on

Shutterstock Shutterstock

Amazon and Walmart were among the retailer the U.S. Federal Trade Commission has requested internal documents from as part of an investigation into supply chain disruptions, reports CBS. The companies have 45 days to surrender what would normally be considered proprietary information.

“Supply chain disruptions are upending the provision and delivery of a wide array of goods, ranging from computer chips and medicines to meat and lumber,” said FTC Chair Lina Khan.

The FTC is looking into whether supply chain problems have added to rising consumer goods prices or “encouraging companies to engage in anticompetitive practices.” Requests were sent to Amazon, Walmart, Kroger, C&S, Wholesale Grocers, Procter & Gamble, Tyson Foods, McLane Co. and Kraft Heinz.

Advertisement

FEATURED VIDEO

Sponsored by Cogent Solutions Group

Reduce Your Pet’s Hip & Joint Discomfort with the Most Researched Hyaluronan on the Market

Nearly 60% of dogs and 90% of cats suffer from joint discomfort. Trixsyn joint supplement contains a patented and proven hyaluronic acid molecule for maximum efficacy to promote joint, bone, soft tissue, and cartilage health, keeping your pet feeling comfortable, for longer. Trixsyn is veterinarian recommended, safe and all-natural, and contains research-proven ingredients. Get your paws on the most-researched hyaluronic acid on the market. Learn more at Trixsyn.com.

Promoted Headlines

Most Popular