The Federal Trade Commission is looking into whether baby-formula makers colluded on bids for lucrative state contracts.and other formula manufacturers have "engaged in collusion or coordination with any other market participant regarding the bidding" for state contracts, according to documents on the agency's website and reported by the Wall Street Journal.
Nestlé, which supplies Gerber formula through WIC, has also received a request for information and has responded to the FTC. Abbott's lawyers said in an email to the FTC, in February, that they weren't aware of any evidence suggesting collusion. Shelves with baby formula are pictured in Schwenksville, Pennsylvania, U.S., June 2, 2022. REUTERS/Hannah Beier