How a Depression-era law could be used to make your booze cheaper
(Luke Sharrett/Bloomberg/Getty Images)

How a Depression-era law could be used to make your booze cheaper

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Federal regulators are planning to use a rarely enforced law from the Great Depression to allege America’s largest alcohol distributor is unfairly pricing wine and spirits, a person familiar with the matter told CNN.

A looming Federal Trade Commission lawsuit against Southern Glazer’s Wine and Spirits would be aimed at lowering costs for consumers — in this case on alcohol — and ensuring mom-and-pop shops have a level playing field against big chains, the source said.

The thinking is that if a major alcohol distributor is offering deeper discounts to, say, Walmart or Target, that’s unfair to smaller stores and their shoppers. And if those stores don’t exist, consumers are harmed from the lack of access and from the fact that the larger chains now face less competition on price.

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Jairo Ivan Marulanda Tobon

Profesional Especializado en Alcaldia de Rionegro, Antioquia

6mo

Thanks for sharing

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Brad Holbrook

Digital Marketing Leader | Driving Brand Impact | Strategist

6mo

No.

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apurba mazumder

freelance Images Editing/photo retouching and graphic designer using in photoshop.

6mo

Thanks for sharing

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Francisco Cordova

Driver at Rdl Construccion

6mo

Great advice!

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