Kind of. They're cut down from carrots that are made to grow as long, thin and quickly as possibly. Not exactly from a carrot that you'd find in your garden. That's not to mention the peeling and washing they go through, which I can't imagine it not changing the taste.

If your point is that "baby carrots" taste like regular carrots, then I have my doubts that you've ever tasted a good carrot.

They are cut from regular carrots, but as the story indicates, the farms mostly responsible for baby carrots changed their growing techniques to make carrots skinny and as long as possible. Perhaps the change in growing technique has also effected the flavor.