The FTC wants information from Amazon, Walmart and other giant stores about empty shelves and rising prices
CNN
The Federal Trade Commission said Monday that it is ordering Amazon, Walmart, Kroger, Procter & Gamble, Tyson, Kraft Heinz and several major wholesalers to grocery stores to turn over information in a wide-ranging inquiry examining the causes of empty shelves and surging prices in the United States.
The antitrust watchdog is looking into whether supply chain disruptions are creating anti-competitive practices among businesses and contributing to higher prices for consumers.
The agency is not seeking this information for any specific law enforcement purposes. Instead, the FTC is sending these orders under a legal provision that allows it to conduct broad studies of competition. The companies have 45 days to respond.
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