Walmart, Kroger, Amazon probed by FTC


Happy Tuesday, Daily Money readers. Jayme Deerwester back with you, trying to hold on to that Thanksgiving vacation zen for just a little while longer.

Are you getting fed up with empty shelves and higher prices at the grocery store? So is the Federal Trade Commission, which on Monday ordered Walmart, Amazon and Kroger to turn over information to aid the agency’s investigation of ongoing supply-chain issues.

Along with understanding the reasons behind the supply chain disruptions, the FTC’s study will examine “whether supply chain disruptions are leading to specific bottlenecks, shortages, anticompetitive practices, or contributing to rising consumer prices.”

“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 M. Khan said in a statement.



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