FDA regulations make it near impossible for foreign dairy products to be sold in the US. There was never a shortage, it would have taken 1/20 military cargo flights between the US and the EU to carry the supply needed, but that formula would be unfit for the US market but their regulations because they need subsidize domestic production. These regulations are not per-se bad, there are good reasons to be as independent as possible but it does show when you monopolize a market like baby formula to one manufacturer for 60% of demand and their supply drops by 20% because they were to greedy to clean machine's....

There is no baby formula shortage just bad management, which is common in monopolies where people fail upwards.