The FTC (The Federal Trade Commission) is launching an investigation to pinpoint why some large BCOs are still experiencing bottlenecks in their supply chain. Although Covid-19 can be blamed for a large portion of the issues, for some retailers it may not have been as severe as they let on. Specifically, they are looking to see if any companies have knowingly taken advantage of the situation to engage in “anticompetitive” behaviors.
The FTC Is looking to understand how these supply chain disruptions have affected different industries and in turn what effect they had on consumers. They will be requesting companies to provide details on the biggest factors disrupting how grocers and retailers obtain, transport, and distribute their products. They will also look at how these disruptions impact cost and prices.
FTC Chair Lina Khan shares, “I am hopeful the FTC’s new 6(b) study will shed light on market conditions and business practices that may have worsened these disruptions or led to asymmetric effects.”
Meanwhile, President Biden is also inquiring on supply chain effects on the economy.
Headquartered in Oakland, California, GSC Logistics is a leading provider of high-volume, full-service shipping programs including ocean and intermodal drayage, domestic and import/export cross-dock deconsolidation, overweight transportation, D.C. bypass programs, brokerage, and refrigerated and dry truckload services. Understanding the challenges commercial organizations face in resources, capacity, and scalability, GSC Logistics guides its clients through the complexities of supply chain and freight management logistics, helping them transform the way they do business.
Source: https://www.harlemworldmagazine.com/ftc-to-investigate-long-overdue-supply-chain-issues-and-how-they-affect-consumers/
