Baby Formula Shortage Reveals Corporate Monopolies’ Grip on Market

  • 📰 truthout
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 68%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

An overhaul to the system where the government subsidizes only a few formula brands can help combat the monopolization that has caused this crisis.

House lawmakers have raised alarm over a nationwide baby formula shortage after a manufacturer in Michigan shut down over health concerns and was linked to the deaths of two infants.

Advocates are calling for greater accountability and investigation into the manufacturer, Abbott Laboratories, even as the Food and Drug Administration is in talks to allow the plant to reopen. We look at how Abbott’s grip on the market for baby formula, amounting to about 20% of all formula distributed in the U.S., contributed to the crisis.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 69. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines