2020 FTC report reveals major retailers like Amazon, Kroger, and Walmart increased unnecessary prices during the pandemic, profiting above total costs amid resolved supply-chain issues.
Federal Trade Commission report highlights that major retailers like Amazon, Kroger, and Walmart increased prices unnecessarily during the pandemic in 2020, and continue to benefit from inflated prices despite supply-chain issues being largely resolved. The FTC report states these companies made profits above their total costs, exploiting the American public under the guise of rising expenses.
May 25, 2024
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