By Morgan Smith
In 2001, the Georgia Legislature convened a Study Committee in the House of Representatives to examine complaints raised by the state’s alcohol retailers about some businesses practices on the part of alcohol wholesalers. The subsequent examination of the state’s regulation of the alcohol distribution industry brought to light serious questions about the structure and value of economic protections provided to the wholesalers.
It is widely accepted that state regulation of alcohol distribution is an important and necessary undertaking. But it is also clear that some elements of Georgia’s regulatory policy haven’t kept pace with changes in both the industry’s participants and the shape of the marketplace. As with all instances of state intervention in “special”…