Dear Client: Last year, President Biden issued an executive order aimed to reduce the negative effects of corporate consolidation and anti-competitive policies across the US economic landscape, including the beverage alcohol industry [see WSD 07-13-2021]. As a result of the order, the Treasury Department released its report, Competition in the Markets for Beer, Wine and Spirits, "based on input from government agencies, industry participants, trade associations, public interest groups, and concerned citizens, including responses to a Treasury Department request
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