McLane Distributors, a subsidiary of multinational conglomerate Berkshire Hathaway, is suing to overturn a Texas regulation that prevents monopolization in the liquor industry. The company, which serves numerous retailers, is seeking a wine distribution license. But because their owner, Warren Buffett, is also invested in Walmart, which sells beer and wine in the state, the license would violate state regulations designed to prevent concentration of power in the alcohol sector.
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