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FTC Probes Retailers on Consumer Pricing

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

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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.

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