Baby milk price promotion ban should end, watchdog suggests

Quick Summary:

Many parents opt for more expensive baby milk, equating higher costs with better quality, the watchdog found.

The CMA began its probe after it became concerned about surging baby milk prices and expects to publish its final report in February next year.

Price controls such as caps are "not currently recommended", but the CMA did say they could "bring down prices directly" if enforced.

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Article Details

Category: Business

Markets: United KingdomIceland

Topics: Report Market Prices Baby Competition Markets Price Milk Formula Parents

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 16:43:31 (5 days ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 799 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 23571561

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Official Website: bbc.co.uk

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