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FTC: Collusion By Baby-Formula Makers?

"The Federal Trade Commission is investigating whether baby-formula makers colluded on bids for lucrative state contracts," per The Wall Street Journal. The companies the fTC has contacted so far for information are Abbott, which sells Similac formula; and Nestlé, which supplies Gerber formula through WIC. "Reckitt Benckiser, the third company frequently awarded WIC contracts, said it can’t comment on specific government investigations."

Read the whole story at The Wall Street Journal »

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