FTC Orders Walmart, Amazon, P&G and Others to Share Internal Docs on Supply Chains
The Federal Trade Commission ordered Walmart, Amazon, Kroger, Procter & Gamble, Tyson Foods, Kraft Heinz and three wholesale grocery firms to detail "the primary factors disrupting their ability to obtain, transport and distribute their products; the impact these disruptions are having in terms of delayed and canceled orders, increased costs and prices; the products, suppliers and inputs most affected; and the steps the companies are taking to alleviate disruptions; and how they allocate products among their stores when they are in short supply."
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The order gives the companies 45 days to comply, and they also have to provide internal documents on supply chain strategies, "pricing; marketing and promotions; costs, profit margins and sales volumes; selection of suppliers and brands; and market shares."
The agency also welcomes voluntary comments from retailers, consumer goods suppliers, wholesalers and consumers on their views of how supply chain issues are affecting competition.