Talk of The Villages Florida - View Single Post - Baby Formula Shipments
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Old 05-26-2022, 09:12 AM
Stu from NYC Stu from NYC is offline
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Quote:
Originally Posted by Keefelane66 View Post
The question should be why didn't ABBOT take control of their issue. Why were imports of baby formula banned in the USMCA trade agreement, Why aren't there overlapping formulas between manufactures. Why does Capitalism allow monopolies? Four companies control baby formula. Four companies control meatpacking and they all can set prices at will. I love capitalism when I can control demand I can set the price.
Better question is why is the govt allowing these mergers that reduce competition? Shocked that the govt allowed Spring and T Mobile to merge. How does that not limit competition?

Also what really happened between Abbott and the govt after the FDA closed the facility? Suddenly when their is a shortage of formula Abbott can suddenly restart the factory? How is that?