As Justice Dept. works to ID companies that exploit supply chain issues, here’s what consumers can do

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The Justice Department is launching a new initiative aimed at identifying companies that exploit supply chain disruptions in the U.S. to make increased profits in violation of federal antitrust laws.

supply chain disruptionsJustice Department lawyers worry that companies may “seek to exploit supply chain disruptions for their own illicit gain,” the department said. And, if that’s the case, the Justice Department and the FBI will prosecute antitrust violations they uncover, the department says.

Those violations could include agreements between individuals and businesses to fix prices or wages or to rig bids, prosecutors say.While investigators work to find violators, Tom Stephens, president of the Better Business Bureau of Northeast Florida, says there are some steps consumers should take, as well.

Stephens urges consumers, now more than ever, to start doing their own research on the items they want to buy, whether it’s pinpointing the original manufacturer’s suggested retail price before you buy a car or researching grocery store prices. The more you know, the less you’re likely to spend. He says, unfortunately, in any crisis or change in the economic situation, greed is very much at play.

 

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You can start with OIL companies

I bet most Trump supporters don't care about laws like that, do they.

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