Evers issues order prohibiting baby formula price gouging
MADISON, Wis. (AP) – Democratic Gov. Tony Evers has issued an executive order barring price gouging on baby formula.
The governor issued the order Thursday.
It declares that a period of “abnormal economic disruption” exists in Wisconsin and prohibits wholesalers and retailers in the state from charging “unreasonably excessive prices,” defined in administrative code as prices more than 15% higher than prices over the last two months.
The order comes as the United States is facing a shortage of baby formula driven largely by a recall of Abbot Nutrition plant closing in February, which has led to a recall of Abbott formula.