Canadian regulator fines Mark Anthony Group for unfair promotional practices, paying retailers to boost sales
From Yahoo Finance: 2025-06-30 07:26:00
Canadian regulator fines Mark Anthony Group C$40,000 for paying retailers to boost alcohol sales. Investigation found company paid over 130 stores up to C$225 each to promote its brands, influencing purchasing decisions. AGCO prohibits financial incentives to retailers under Liquor Licence and Control Act, 2019, to ensure fair competition. Company has the right to appeal the decision to the Licence Appeal Tribunal. Mark Anthony Group, founded in 1972, is a private beverage conglomerate in Vancouver. It manages businesses in wine, spirits, and RTD beverages. The group includes divisions focused on wine and spirits distribution and RTD beverages.
Read more at Yahoo Finance: Mark Anthony Group fined by watchdog in Canada over unfair promotional practices