The US Federal Trade Commission should enforce a rarely used antitrust law after finding that large retailers such as Amazon.com Inc. and Walmart Inc. increased profits during the Covid-19 pandemic and have kept prices high since, a group of lawmakers urged the agency.
In a letter to FTC Chair Lina Khan Thursday, the mostly Democratic members of Congress pushed the agency to bring cases under the Robinson-Patman Act, a price discrimination law passed during Franklin Delano Roosevelt’s presidency that was last enforced in the 1980s. Under the law, suppliers can discount large orders, but they must extend the same offer ...
