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OFFICIALS WARNING AGAINST PRICE GOUGING OF BABY FORMULA

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Officials are warning against price gouging of the baby formula shortage. Covid19, supply chain issues, disruptions in ingredients, labor, and transportation have all affected the production of the nationwide shortage. Then in February, Abbott Nutrition was forced to shut down its Michigan manufacturing plant because of contamination concerns when two babies died after consuming its formula and many infants became sick. The company has since announced that it’s working to fix the issues and aims to reopen the Sturgis site in two weeks. In the meantime, some online sellers are advertising unopened bottles of formula at more than three times the retail price.

Thursday, May 12,  U.S. Representative Tim Burchett announced he would call on Tennessee Attorney General Herbert H. Slatery III and U.S. Attorney General Merrick Garland to investigate any instances of price gouging related to baby formula amid massive shortages.

Burchett stated “Knowing of our shared concern for the health and wellbeing of Tennessee’s children, I write to request you investigate any instances of price gouging related to baby formula.
As a father, I know that parents must have access to safe, healthy, and affordable food for their newborns. Unfortunately, the state of Tennessee is currently experiencing one of the worst baby
formula shortages in the nation. That is why I request you monitor retail prices of powdered formula and review any reports of potential stockpiling for the purpose of retail or price gouging”

 


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