FTC: Major Liquor Distributor Prioritized Big Chains Over Small Businesses

1 min read
Source: CNBC
FTC: Major Liquor Distributor Prioritized Big Chains Over Small Businesses
Photo: CNBC
TL;DR Summary

The Federal Trade Commission has filed a lawsuit against Southern Glazer's Wine and Spirits, the largest U.S. distributor of wine and spirits, accusing it of illegal price discrimination. The FTC claims that Southern Glazer's offered significantly better prices to large chains like Costco and Kroger compared to smaller businesses, violating the Robinson-Patman Act. This alleged practice has reportedly harmed smaller retailers' ability to compete, leading to fewer choices and higher prices for consumers. The lawsuit aims to restore fair competition and enforce the law.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

1 min

vs 2 min read

Condensed

76%

35784 words

Want the full story? Read the original article

Read on CNBC