Public Corporation Restriction

Texas is the ONLY state

in the nation that allows privately held corporations to own liquor stores while prohibiting publicly traded corporations from doing so.

The Texas Alcoholic Beverage Code then goes a step further by actually redefining what it means to be a public company.

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No other retail industry in Texas operates with this public vs. private discriminatory provision. The State of Texas should not be picking winners and losers in private industry.  That is the job of competition, not the government. Texas consumers expect and deserve better.
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