UK families face high infant formula prices amid competition concerns

The UK's Competition and Markets Authority (CMA) has expressed concerns about the high prices families are paying for infant formula. Despite previous investigations, the CMA has chosen not to escalate its inquiry into the matter, citing a lack of competitive pressure on manufacturers and retailers to address the increasing costs.

The authority has observed that unlike other food products, the manufacturing cost increases for infant formula have been promptly and completely passed on to consumers. This situation has significant implications for families, who are experiencing financial strain due to rising living costs. The CMA's findings indicate a need for closer examination of the infant formula market to ensure fair pricing for consumers.

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