WASHINGTON – The National Retail Federation today issued the following statement from Chief Administrative Officer and General Counsel Stephanie Martz following the Federal Trade Commission’s suit under the Robinson-Patman Act against Southern Glazer’s Wine and Spirits.
“Retailers are dedicated to keeping prices low for consumers. Concerns that the RPA may place upward pressure on prices have been raised since the law’s enactment almost a century ago. Understandably, this case marks only the second time in 35 years the FTC has risked bringing a case under RPA, despite warnings that enforcement of the Act will likely raise prices. These concerns are especially salient today, when inflation has made even the most basic household items a meaningful expense for many Americans. We urge the FTC to strongly consider the inflationary effects of these cases and work toward lowering prices for consumers.”
About NRF
The National Retail Federation passionately advocates for the people, brands, policies and ideas that help retail succeed. From its headquarters in Washington, D.C., NRF empowers the industry that powers the economy. Retail is the nation’s largest private-sector employer, contributing $5.3 trillion to annual GDP and supporting more than one in four U.S. jobs — 55 million working Americans. For over a century, NRF has been a voice for every retailer and every retail job, educating, inspiring and communicating the powerful impact retail has on local communities and global economies. nrf.com