China milk antitrust probe may be step towards consolidation

By Donny Kwok HONG KONG (Reuters) - The decision by China's top economic planner to investigate five leading foreign infant milk companies for suspected antitrust violations may be part of a broader plan to boost consumption of the local product, analysts said on Wednesday. Mothers turned away from Chinese milk powder in 2008 when infant formula tainted with the industrial compound melamine killed at least six babies and made thousands sick with kidney stones. ... via Health News Headlines - Yahoo! News Read More Here..

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