The FTC is investigating the largest U.S. alcohol distributor, Southern Glazer’s Wine and Spirits, over the way its pricing and selling wine and liquor to different-sized retailers around the country.
The alcohol investigation is yet another sign that the Biden administration is expanding its efforts to rein in big companies and flex its antitrust powers. | AP Photo/David DupreyThe Federal Trade Commission has opened an investigation into the largest U.S. alcohol distributor, Southern Glazer’s Wine and Spirits, over practices related to how wine and liquor are priced and sold around the country, according to three people with knowledge of the probe.
The agency is also investigating the company under Section 5 of the FTC Act, to determine whether the company has engaged in a wide array of conduct including any unfair, deceptive or anti-competitive business practices, according to the people. While Southern Glazer is the only known target of the probe, the agency is seeking wide-ranging information on wine and alcohol sales by distributors and retailers around the U.S., according to the people.
The alcohol investigation is yet another sign that the Biden administration is expanding its efforts to rein in big companies and flex its antitrust powers, in the technology world and beyond. That includes the world’s biggest tech firms, such as Apple and Google, and more traditional companies like Southern Glazer.privately held company in the U.S., with around $25 billion in revenue and distributing over 7,000 different brands of alcohol, wine, beer and other beverages.
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