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How the Nestlé Board Handled the Infant Formula Crisis
In this episode, Lucas and Luna dive into one of the most controversial boardroom decisions in corporate history: Nestlé's response to the infant formula crisis in the 1970s and 1980s. They explore how the board initially dismissed allegations that aggressive marketing in developing countries was causing malnutrition and infant deaths, leading to a global boycott. Lucas explains the specific turning point — when the World Health Organization introduced the International Code of Marketing of Breast-milk Substitutes in 1981 — and how Nestlé's board finally shifted from denial to…
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