The United States Federal Trade Commission (FTC) requires Amazon, Wal Mart and other companies to provide supply chain details

2022-11-21
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Author:Li Kai
Source: ennews

Recently, according to foreign media, the Federal Trade Commission of the United States(FTC) said on Monday that it is currently investigating the supply chain disruption of nine large retailers, wholesalers and consumer goods suppliers, including Amazon and Wal Mart, and suspects that these large companies are harming consumers with higher prices. At present, the Federal Trade Commission (FTC) of the United States requires nine enterprises to provide detailed information about the situation.

 

It is reported that,Federal Trade Commission(FTC) said in a statement that the main purpose of this study is to determine whether supply chain problems have led to specific bottlenecks, anti competitive behaviors or price increases. The US government believes that due to the impact of the epidemic, the supply chain transport capacity is tight, resulting in the rising prices of consumer goods.

 

In addition, the National Grocery Association of the United States also expressed its concern that large retailers use their influence to force sellers to maintain supply flow, thereby putting some small and medium-sized enterprise competitors at a disadvantage, resulting in market monopoly and other phenomena.

 

According to the United States Federal Trade CommissionFTC)Announcements issueddisplayWal Mart, Amazon, Kroger, P&G, Tyson Foods, Kraft HeinzC&S Wholesale Grocers, Associated Wholesale Grocers and McLane CoNine enterprises will report to the Federal Trade Commission of the United States(FTC) provide relevant supply chain details, and these companies have 45 days to process and respond

 

Federal Trade Commission(FTC)Nine companies are requiredSpecify the main constraints affecting its ability to acquire, transport and distribute products,as well asOrder delays and cancellations due to supply constraints, cost and price increases. Later,Federal Trade Commission(FTC) also requires these companies to provide internal documents on supply chain disruption, as well as profit margin and market share data.

 

Federal Trade Commission(FTC) Chairman Lina KhanShe expressed her hope that this research could"Clarify market conditions and business practices that may exacerbate these disruptions or lead to asymmetric effects."


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