The US Federal Trade Commission is probing whether infant formula producers, including Abbott Laboratories and Nestlé, have engaged in collusion in relation to bids for a government programme.
The US regulator last year launched an investigation into potential co-ordination among infant formula businesses regarding a programme by the Department of Agriculture that offers free infant formula to low-income families with children. The Special Supplemental Nutrition Program for Women, Infants, and Children, which is known as the WIC programme, accounts for more than half of formula sales in the US.
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