LOS ANGELES—The Los Angeles City Council on June 10 ratified a local emergency declaration by Mayor Eric Garcetti to prevent local price gouging amid the shortage of baby formula across the United States.
“President Biden, the Federal Trade Commission and the California Attorney General have all warned of illegal and predatory conduct, including price gouging, in the infant formula market,” the resolution states. “The national shortage, while not causing the same shortages in the city of Los Angeles as in other places across the county, nevertheless poses an imminent threat to the ability of parents and caregivers to obtain infant formula in the city.”
