UK regulator flags concerns and remedies for sale of baby formula
Suggestions include clearer nutritional information and standardized packaging to reduce brand influence
A woman mixes a bottle of baby formula May 19, 2022
Reuters
The UK’s CMA raised concerns about high prices and unclear information in infant formula distribution
Some parents may equate higher prices with better quality due to lack of information
Price controls could be an option if costs remain high, with a final report due in February 2025
Britain's competition watchdog flagged concerns and potential solutions regarding the distribution of infant formulas on Friday, which could help improve the sector as well as reduce costs for parents.
The Competition and Markets Authority's (CMA) initial recommendations include providing parents clear and accurate information on the nutritional value of the formula and standardizing its packaging to reduce the influence of branding.
"We're concerned that companies don't compete strongly on price and many parents - who may be choosing infant formula in vulnerable circumstances and without clear information - opt for more expensive products, equating higher costs with better quality for their baby," CMA Chief Executive Sarah Cardell said.
It also said backstop measures such as price controls, while not currently recommended, could be put into place to bring down high prices for these products.
The regulator has put across these remedies after conducting a market study into the supply of infant formula and expects to publish a final report in February 2025.
Popular
Spotlight
More from World
NASA solar probe to make its closest ever pass of Sun
Traveling at 430,000 mph, Parker Solar Probe endures temperatures nearing 1,700°F to study the Sun’s corona
Comments
See what people are discussing