Watchdogs warn they have an eye on supply chain cartels

Mike Stevenson February 17, 2022 Creeping Inflation Comments Off on Watchdogs warn they have an eye on supply chain cartels 12 Views

By Nadia Dreid (February 17, 2022, 5:54 PM EST) – With inflation on the rise and prices following, competition officials around the world are teaming up to ensure that bad actors in the supply chain supply do not take advantage of disruptions to influence prices and competition.

Antitrust watchdogs in the US, UK, Canada, Australia and New Zealand form task force to ‘warn companies involved in global supply chains not to collude’ , under the terms of the UK Competition and Markets Authority.

The US Department of Justice used similar language on Thursday when it announced the initiative to closely monitor supply chains and…

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