Statement of Administration Policy: S. 412 - Malt Beverage Interbrand Competition Act
(Goldwater (R) Arizona and 23 others)
The Administration opposes S. 412 because it would grant a special exemption from the antitrust laws for the malt beverage industry, without any corresponding improvement in product or service. Such an exemption would pose a significant risk of reducing competition, which could result in higher prices to consumers, making special relief from the antitrust laws for this industry objectionable.
Ronald Reagan, Statement of Administration Policy: S. 412 - Malt Beverage Interbrand Competition Act Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/327399