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CMA raises concerns over UK baby formula market due to high concentration and weak price competition.
UK's Competition & Markets Authority (CMA) raises concerns over UK baby formula market, citing high concentration (85% sales share from two companies) and weak price competition as reasons for potential unfair pricing and consumer harm.
CMA launched a market study in February, noting a 25% price increase in two years.
The interim report is due in October with plans for further government engagement.
8 months ago
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