FTC investigating whether baby formula makers engaged in collusion in state contracts

The Federal Trade Commission (FTC) is investigating whether baby formula makers colluded on bidding for state contracts, agency documents show.The commission opened the probe last year into bidding on state contracts for the Department of Agriculture’s Special Supplemental Nutrition Program for Women, Infants, and Children (WIC), which provides free formula to low-income families. The investigation was first reported by the Wall Street Journal on Wednesday.In late January, the FTC req