Will Warren Buffett Take Over Texas’s Wine Industry?


Bethany Hatef, commenting on a Texas lawsuit in which a Berkshire Hathaway subsidiary is suing to overturn Texas regulations aimed to prevent concentration of ownership in the liquor industry, said that the Texas Alcoholic Beverage Commission is “fairly strict” at enforcing tied-house laws, so the alcohol industry is watching this case closely because it could reshape how alcohol distribution and retail businesses operate in the state.