Baby-Formula Shortage Was a Government Failure

Posted on AllSides July 15th, 2022
From The Right
BING GUAN/REUTERS
OPINION

I find Fred Hochberg’s solution to our current inflation woes (“Imports Would Give America a Boost,” op-ed, July 8) to be off target. He cites the baby-formula shortage as an example of how imports would relieve the problem. But that is only part of the story of the government-controlled baby-formula industry.

There are four major U.S. manufacturers that supply over 90% of the formula. The government has erected almost insurmountable barriers to entry; only one company, ByHeart, has entered the industry in the past 15 years. The government imposes both...

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https://www.wsj.com/articles/baby-formula-shortage-government-abbot-protectionist-barrier-wic-monopoly-11657750221

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