Statement of Administration Policy: S. 412 - Malt Beverage Interbrand Competition Act

(Senate)
(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.