Robert Reich (@rbreich) 's Twitter Profile
Robert Reich

@rbreich

Berkeley professor, former Secretary of Labor. Co-founder, @InequalityMedia. Substack: robertreich.substack.com | Mastodon: masto.ai/@rbreich

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linkhttp://linktr.ee/rbreich calendar_today26-05-2010 23:17:10

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Robert Reich
@rbreich

2 years ago

Why is baby formula still out of stock? One big reason is a lack of competition in the industry. Most of the country’s baby formula market is dominated by just four firms. One company — Abbott Nutrition — has 40% of the market. When I say monopolies are dangerous, this is why.