U.S. FTC launches inquiry into infant formula crisis
May 24, 2022; 3:38 PM EDT
(Reuters) – The Federal Trade Commission said on Tuesday it has launched an inquiry into the ongoing shortage for infant formula.
Empty shelves show a shortage of baby formula at a CVS store in San Antonio, Texas, U.S. May 10, 2022. REUTERS/Kaylee Greenlee Beal
The inquiry comes in the wake of a product recall by top baby formula maker Abbott Laboratories (ABT.N) and the closing of its manufacturing plant in Sturgis, Michigan during a probe by the U.S. Food and Drug Administration that has created one of the biggest infant formula shortages in recent history for U.S. families.
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Reuters source:
https://www.reuters.com/world/us/us-ftc-launches-inquiry-into-infant-formula-crisis-2022-05-24
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