This is a good example of why price controls don't work. Let's take the baby formula shortage at local level. https://www.theleader.com.au/story/5404440/coles-restricts-access-to-baby-formula/?cs=1507 Coles restricts access to baby formula I spoke with a rep from Aptamil and received two responses from questions I asked. Why don't they A, increase supply to meet with local demands and B, why don't they let the market set the price instead of using an artificial price. My answers were A, production is already at a maximum and B, they want to make their product affordable to everyone. The problem with making it 'affordable' is that we will continue to have shortages because of Chinese buying local and selling to China for a profit. Now I'm not against them making money and won't be calling them evil or greedy, but one only needs to glance at social media to see the outrage against them for doing this. They will get around these 'restrictions' from supermarkets and it is yet to be seen if they will make a dent. Thoughts? What would you do in this situation?