FTC surveys Amazon, Walmart and 7 others in supply chain probe

FTC probes major retailers' profit margins in supply chain investigation

Nov 30, 2021 by Moneywatch - CBSNews.com

Key Facts

  • "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," FTC Chair Lina Khan said in a statement Monday.
  • Khan added that the FTC will also examine whether supply chain issues are adding to rising consumer prices or encouraging companies to engage in anticompetitive practices.
  • The FTC is asking companies to detail the major factors disrupting their access to products, including the items most affected and company responses to these challenges.
  • Khristopher J. Brooks Khristopher J. Brooks is a reporter for CBS MoneyWatch covering business, consumer and financial stories that range from economic inequality and housing issues to bankruptcies and the business of sports.

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