YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
The Federal Trade Commission is preparing to sue Southern Glazer's Wine and Spirits, the largest U.S. alcohol distributor, sources familiar with the matter told CNBC.
The sources said the FTC may allege in the proposed antitrust lawsuit that Southern Glazer's Wine and Spirits provided "secret kickbacks" to large retailers and violated the 1936 Robinson-Patman Act.
Southern Glazer's Wine and Spirits, based in Florida, distributes alcohol for more than 7,000 brands in 44 states.
Read more from CNBC.
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