• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Investing

Top liquor distributor favored Costco and Kroger over small businesses, FTC says

by December 13, 2024
written by December 13, 2024

The Federal Trade Commission in a new lawsuit accuses the largest U.S. distributor of wine and spirits of illegal price discrimination that gave large chains — among them Costco, Kroger and Total Wine & More — much better prices than those offered to neighborhood grocery stores, convenience shops and independent liquor stores.

The distributor, Southern Glazer’s Wine and Spirits, is the tenth largest privately held company in the United States, generating about $26 billion in revenues from sales to retail customers in 2023, the FTC said Thursday in announcing the suit.

The complaint says Southern, which distributes around 5,600 wine and spirit brands, deprived smaller businesses of access to discounts and rebates, harming their ability to compete with large national and regional chain stores.

The suit alleges the distributor violated the Robinson-Patman Act by providing “steep discounts” without any market justification to a certain set of retailers.

“When local businesses get squeezed because of unfair pricing practices that favor large chains, Americans see fewer choices and pay higher prices — and communities suffer,” said FTC Chair Lina Khan in a statement.

“The law says that businesses of all sizes should be able to compete on a level playing field,” Khan said. “Enforcers have ignored this mandate from Congress for decades, but the FTC’s action today will help protect fair competition, lower prices, and restore the rule of law.”

CNBC has requested comment on the lawsuit from Southern.

The suit, filed in U.S. District Court for the Central District of California, accuses Southern of price discrimination since at least 2018 up to now.

Southern distributes wine and spirits for many big suppliers, including Pernod Ricard, the supplier of Jameson Irish Whiskey and Absolut Vodka; Bacardi U.S.A., the supplier of Patron Silver Tequila, Grey Goose Vodka, and Bacardi Rum; Diageo, the supplier of Smirnoff Vodka; and Beam Suntory, the supplier of Jim Beam Bourbon and Makers Mark Whiskey, according to the FTC.

This post appeared first on NBC NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Mexico regulator rules Walmex used monopolistic practice, orders fine
next post
Factbox-Big banks expect a quarter-point cut for ECB’s first meeting of 2025

You may also like

Prada Group says it has purchased fashion rival...

December 3, 2025

Dell family donation to offer 25 million kids...

December 3, 2025

Shopify says a daylong Cyber Monday outage has...

December 3, 2025

Apple’s AI chief abruptly steps down

December 3, 2025

Starbucks to pay about $35M to NYC workers...

December 3, 2025

Airbus says most of its recalled 6,000 A320...

December 2, 2025

Campbell’s fires executive accused of racist remarks and...

November 28, 2025

Bitcoin and other crypto assets sink in flight...

November 24, 2025

Stock market sinks as AI and interest rate...

November 24, 2025

U.S. added 119,000 jobs in September, but there...

November 21, 2025
Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!








    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Dell family donation to offer 25 million kids $250 to open ‘Trump accounts’

      December 3, 2025
    • Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion

      December 3, 2025
    • Shopify says a daylong Cyber Monday outage has been resolved

      December 3, 2025
    • Apple’s AI chief abruptly steps down

      December 3, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (677)
    • Stock (6,426)

    Latest News

    • Dell family donation to offer 25 million kids $250 to open ‘Trump accounts’
    • Prada Group says it has purchased fashion rival Versace in a deal worth nearly $1.4 billion

    Popular News

    • Tariff Tensions and Inflation Data Shake Global Markets
    • European tech shares tumble as China’s AI push spooks investors

    About The Significant deals

    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy