Singer and actress Bette Midler received a round of boos on Twitter Inc (NYSE:TWTR) after volunteering the idea that American women impacted by the ongoing baby formula shortage turn to breastfeeding.
What Happened: Midler responded to a tweet by MSNBC host Stephanie Ruhle, who observed, “The baby formula shortage reveals an amazing secret oligopoly: 3 American companies control over 90% of the mkt; hugely restrictive regulations (thanks to big $ lobbying) prohibit foreign formulas. Name another industry/sector/product like this.”
