I hope you don't mind me answering. This is a pet peeve of mine too.
They broke a whole host of marketing/competition rules with aggressive marketing of baby food products. Basically they went into countries like Africa, gave mothers enough (free) formula to feed the baby long enough that the mother's milk dried up, and then started charging full price for it when the mother had no milk left and no other choice.
Formula made under these conditions is terrible-made from unsanitary water that could be carrying parasites and other bugs. The cost means that mothers often dilute the formula too much so baby suffers by not getting enough nutrition. The WHO estimates that 1.5 million children die each year from not being breast fed appropriately.
Rather than go on, a link if it lets me post it this time;
Baby Milk Action - The Nestlé Boycott