Diageo, Campari, and Other Major Spirits Brands Owe Over $25M USD in Refunds

A coalition of some of the world’s largest spirits suppliers owes over $35 million CAD — or $30 million USD — to the Liquor Control Board of Ontario (LCBO), the Toronto Star reported. A judge ruled that members of the trade body Spirits Canada, including Diageo, Campari, and Bacardi, must refund the LCBO after disobeying the country’s most favorable customer (MFC) clause. The decision comes after the collective of liquor companies sued LBCO in May 2024 for unfairly enforcing the MFC. The clause requires sellers to offer the lowest possible price on goods to a buyer with the MFC. The article Diageo, Campari, and Other Major Spirits Brands Owe Over $25M USD in Refunds appeared first on VinePair.