date:Nov 27, 2013
es died after consuming infant milk formula contaminated by melamine.
However, consolidation, which could help rectify industry misconduct and enhance general food safety standards, didn't take place immediately after the 2008 melamine incident. The slow pace of industry consolidation was partly due to companies' reluctance to make acquisitions amid the uncertain demand outlook for domestic dairy products following the scandals, a lack of mature acquisition targets and the long process of nego