The Department of Justice announced Thursday that it will begin investigating companies for earning what it believes to be excessive profits amid surging inflation and ongoing supply chain issues.
In a press release, the department said its antitrust division would begin to "deter, detect and prosecute those who would exploit supply chain disruptions" to earn what the department calls "illicit profit." The goal of the initiative, according to the department, is to prevent companies from "overcharging customers under the guise of supply chain disruptions."
