TOTM

The FTC Takes Action to Raise Wine and Spirit Prices

In a 3-2 party-line vote, a divided Federal Trade Commission (FTC) moved Dec. 18 to seek a federal district court injunction against Southern Glazer’s Wine and Spirits LLC, the largest U.S. distributor of wines and spirits. The FTC complaint alleges that Southern’s discounting practices discriminated against small independent businesses, violating the Robinson-Patman Act (RPA), to the detriment of competition. The FTC requests that the court order Southern to charge the same net prices to all competing purchasers.

Read the full piece here.