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House panel to launch investigation into U.S. baby formula shortage

The House Oversight and Reform Committee will launch an investigation into the ongoing shortage of baby formula across the country. 

The committee will press the four largest domestic manufacturers for information about what steps they are taking to alleviate the current crisis. The companies – Abbott, Reckitt Benckiser, Nestlé, and Perrigo – control close to 90% of the U.S. baby formula market.

“The national formula shortage poses a threat to the health and economic security of infants and families in communities throughout the country – particularly those with less income who have historically experienced health inequities, including food insecurity,” Committee Chairwoman Rep. Carolyn Maloney (D-N.Y.) and Rep. Raja Krishnamoorthi (D-Ill.) wrote in a letter to the companies.

The lawmakers asked the companies whether they have enough supply to meet current demand, and if so, what steps they will take to prevent price gauging and increase consumer access.

They are looking for responses

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