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The US baby formula shortage isn't bad luck. It was completely preventable | Matt Stoller Shortages of vital, life-preserving goods are routine in America - and they're the product of bad policy For the last four months, the collapse of America's baby formula production and distribution has terrified mothers across the country. "It is easier for me to get a pound of weed than a pound of formula," a young father told me a few days ago. Why is this crisis happening? The baby formula market is highly consolidated, with Abbott Labs, the firm at the center of the crisis, controlling 43% o...
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