Walmart's CEO said shelves are stocked because of plans that started a year ago.
The FTC said it is issuing the orders through Section 6 of the FTC Act, which authorizes the commission to conduct studies even without specific law enforcement purposes. The orders also seek the companies to disclose the impacts these disruptions are having in terms of delayed and canceled orders, increased costs and prices, steps they are taking to alleviate disruptions and more.
"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."I am hopeful the FTC’s new 6 study will shed light on market conditions and business practices that may have worsened these disruptions or led to asymmetric effects."
The commission said the study will also examine whether supply chain disruptions are leading to specific bottlenecks, shortages, anticompetitive practices, or contributing to rising consumer prices.
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