Attorney General Letitia James has promised to crack down on any New York retailers taking advantage of the baby formula shortage by increasing the price of the sold out supplement after reports of price hikes as high as 50 percent.On Friday James announced that her office sent cease-and-desist letters to more than 30 unidentified online retailers and stores in New York state accused of price gouging.James ordered that the businesses immediately stop overcharging for baby formula.
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