The Federal Trade Commission is investigating whether baby formula makers colluded in bidding on state contracts, according to documents posted on the agency's website.

<div class="block">The Federal Trade Commission is investigating whether baby formula makers colluded in bidding on state contracts, according to documents posted on the agency&#39;s website.</div>

Closing Bell

FTC Investigating Baby Formula Makers

And did baby formula makers collude with each other before bidding for state contracts? That's what the Federal trade Commission is trying to figure out. These companies provide formula to a government program for women, infants and Children. Most people know it as wick. It helps low income families get free baby formula. Well, the commission is checking to see if the formula makers quote engaged in collusion or coordination with any other market participant regarding the bidding of contracts and if any coordination affected formula sales.