IOWA CITY, Iowa (AP) — Opposition from lobbyists for the liquor and restaurant industries helped kill a price increase on alcohol products in Iowa that was intended to discourage unhealthy heavy drinking, emails released Friday show. The Iowa Alcoholic Beverages Division announced June 5 that it would implement a price floor for liquor products beginning July 1. The plan would have set a minimum unit price for liquor based on bottle size and alcohol by volume. The change would have meant higher prices for vodka, rum, whiskey and other liquor at stores, restaurants and bars, ranging from roughly 10% to 30% more for some products. ADVERTISEMENT The division said research shows such pricing can reduce heavy consumption and alcohol-related deaths. But it shelved the plan Emails released to The Associated Press through an open records request show those raising concerns included representatives for the national liquor producers Sazerac and Luxco, whose companies market scores of brands. A Sazerac lobbyist wrote to a top aide to Gov. Kim Reynolds that the pricing change “obviously hurts consumers as well as small business.” That email was forwarded to the division’s administrator, Stephen Larson. Larson received an email June 8 warning him that the… Read full this story
- CONGRESSMAN: Price hikes for drugs are ‘like putting a gun to somebody’s head’
- Meralco price hike fiasco shows need for anti-trust measure
- Clinton announces plan to address ‘unjustified’ price hikes on lifesaving drugs
- Supply, prices of goods in Mindanao normal; DTI warns price hikes illegal
- Petrol Price Hike: What's Next? Yet Another Price Hike?
- Misconceptions helped kill Australian carbon tax
- Bernie Sanders is going after insulin makers over price hikes
- These companies you’ve never heard of are about to incite another massive drug price outrage
- 2 weeks after controversial pharma CEO Martin Shkreli announced he would lower the price of Daraprim, it’s the exact same price
- Hillary Clinton blasts ‘outrageous’ explosion in EpiPen pricing, and drugmakers’ stocks are feeling the heat
Industry lobbyists helped kill price hike on Iowa liquor have 316 words, post on apnews.com at June 26, 2020. This is cached page on VietMaz. If you want remove this page, please contact us.