Federal Trade Commission Launches Inquiry Into Baby Formula Shortage

Federal Trade Commission Launches Inquiry Into Baby Formula Shortage
Limited supply of baby formula at a convenience store in Chelsea, Mass., on May 20, 2022. Joseph Prezioso/AFP via Getty Images
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The Federal Trade Commission (FTC) on Tuesday launched an inquiry into the ongoing shortage of baby formula in the United States.

In a statement, the FTC said the inquiry seeks information on the “nature and prevalence of any deceptive, fraudulent, or otherwise unfair business practices aimed at taking advantage of families during this shortage.”