The Competition and Markets Authority (CMA) said another "backstop" measure could be for the government to regulate and set a price or profit-margin cap on retailers as a way to bring prices down.
The potential measures formed part of the CMA's interim report on the infant formula market after the watchdog identified that a lack of competition in the market led to soaring prices, taking advantage of an ingrained belief among parents that higher cost equates to better quality.
Esta historia es de la edición November 09, 2024 de The Guardian.
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