The Baby Formula Crisis Shows the Risks of Corporate Concentration ...Middle East

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The Baby Formula Crisis Shows the Risks of Corporate Concentration
This week, the federal government is moving to address the nationwide infant formula shortage that has deepened to dire levels in recent weeks, threatening the well-being of millions of children. The fixes on offer, while late in arriving, could be sufficient to ameliorate the current crisis. But these actions may not provide permanent solutions that fully contend with the underlying issues that created the emergency in the first place.The Food and Drug Administration and Abbott Nutrition announced an agreement on Monday to take necessary steps to reopen the company’s baby formula plant in Sturgis, Michigan, in an effort to ease the supply issues that have left parents reeling. The FDA expre

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