"Left unsaid by formula manufacturers is their iron grip on the market, which exacerbates supply disruptions."Tuesday, just four companies—Abbott Nutrition, Reckitt Benckiser, Nestlé, and Perrigo control nearly 90% of the U.S. baby formula market.
Online, sellers on eBay are raising prices to $120 per can as desperate parents and caretakers struggle to feed their infants,The shortages have been linked to a product recall by Abbott Nutrition—the manufacturer of Similac formula—in February. The company recalled three of its formulas when at least two babies died and four were hospitalized with bacterial infections after consuming the products.
Reckitt Benckiser, the maker of Enfamil formula, also claimed the shortage is being driven by an"18% surge in demand for baby formula nationwide."
Gosh if only a major university and the scumbag billionaires of the world economic forum would have run a REHEARSAL and SEVERAL EXERCISES in preparation for a pandemic a few months before it started maybe they COULD have THOUGHT about the supply chain 🙄
Another example of BIG BUSINESS controlling the supply and the price.
It's very expensive.
one small thing would be to stop the price gouging (reselling)on ebay and make sure it really is a shortage not a holdback