Texas Tackling Trade Practices

What's legal, what's not? It seems as though many states are asking that question these days, (we're looking at you, Massachusetts). In the midst of an ongoing court battle about the so-called "one share rule" (whether anybody in each of the three tiers can own as little as one share of a company in another tier), last week the Texas Alcoholic Beverages Commission held a meeting to address trade practices.

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