Headlines

FTC Probes Retailers on Consumer Pricing

Letters sent to nine major companies requesting more info

Published

2 years ago

December 1, 2021

FTC Probes Retailers on Consumer Pricing — 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.

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design