FTC Releases Report on Grocery Supply Chain Disruptions
The Federal Trade Commission today issued a report on the causes behind grocery supply chain disruptions resulting from the COVID-19 pandemic.
- The Federal Trade Commission today issued a report on the causes behind grocery supply chain disruptions resulting from the COVID-19 pandemic.
- The report revealed that large market participants accelerated and distorted the negative effects associated with supply chain disruptions.
- The FTC’s report also examined how supply chain disruptions affected competition among retailers, wholesalers, and producers, as well as the impacts on consumers and businesses.
- “The FTC’s report examining U.S. grocery supply chains finds that dominant firms used this moment to come out ahead at the expense of their competitors and the communities they serve.” As the report explains, supply chain disruptions did not equally impact every retailer, wholesaler, or producer.
Competitive Impacts of Supply Chain Disruptions
The report highlights several key insights regarding market structure and business conduct among grocery retailers, wholesalers, and producers, as well as their effects on consumers. These insights include:
The Commission voted 3-0 to issue the staff report. Commissioner Rebecca Kelly Slaughter issued a statement.