Four companies control more than 90 % of the market. About 98% of america's formula is produced domestically. The fda has very, very strict restrictions on the kinds of baby formula that can come into the country. This leaves an industry not very competitive and exposed to foreign competition.
China’s Communist Party leaders have painted themselves into a corner: they cannot be seen to put the capital into lockdown, but permitting covid to spread could be catastrophic. We look into the myriad reasons behind America’s sharp shortages of baby formula, and how to solve them. And why it is illegal for women to get a manicure in Turkmenistan.
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