Food & drink industry, Competition and Markets Authority, Business, Regulators, UK news, Advertising Business | The Guardian
Investigation shows restrictions on makers from promoting price reductions softens competitionStrict rules on the advertising of baby formula are pushing up costs for parents in the UK, the competition watchdog has found, as it attempts to tackle “historically high” prices for the products.Baby formula makers are restricted from promoting price reductions, which “has the effect of softening competition on price”, the Competition and Markets Authority (CMA) said on Friday. Continue reading…
Investigation shows restrictions on makers from promoting price reductions softens competition
Strict rules on the advertising of baby formula are pushing up costs for parents in the UK, the competition watchdog has found, as it attempts to tackle “historically high” prices for the products.
Baby formula makers are restricted from promoting price reductions, which “has the effect of softening competition on price”, the Competition and Markets Authority (CMA) said on Friday.
