FTC probes major retailers' profit margins in supply chain investigation
CBSN
The Federal Trade Commission is asking Amazon, Walmart and seven other retailers and wholesalers for internal documents, as a part of a newly launched investigation into supply chain disruptions.
The FTC said Monday that it's looking into supply chain bottlenecks that have plagued companies large and small since the coronavirus pandemic began. As part of its investigation, major companies are being asked to surrender what would normally be considered proprietary data. Each has 45 days to respond, the FTC said.
"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.
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