The Strategist

US watchdog seeks information from Amazon and Procter & Gamble due to supply chain issues

11/30/2021 - 08:25

The US Federal Trade Commission (FTC) has begun an inquiry into the origins of the country's supply chain disruption.

According to the commission's chairperson, Lina Khan, the supply chain problems cause issues with the supply of a variety of items to customers, ranging from chips and pharmaceuticals to beef and lumber. Major retailers, distributors, and consumer products suppliers are targeted, including Amazon, Walmart, Kraft Heinz, and Procter&Gamble.

In addition to the aforementioned companies, orders were sent to retailer Kroger, wholesalers C&S Wholesale Grocers and Associated Wholesale Grocers, and also to McLane, Warren Buffett's supply chain management division of Berkshire Hathaway.

The regulator plans to establish whether the disruptions resulted in specific supply delays, antitrust actions or price increases, according to the FTC website.

The topic of supply chains, problems in which began during the coronavirus pandemic, was one of the ones raised during the recent meeting of US President Joe Biden with Mexican President Andreas Manuel Lopez Obrador and Canadian Prime Minister Justin Trudeau. During a trilateral meeting in Washington, the parties agreed to identify industries where efforts should be made to minimize future supply chain disruptions in North America.