Wal-Mart Fights for the Right to Sell Alcohol in Texas
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Wal-Mart Stores Inc. was slow to get into alcohol, but now it's fighting for the right to sell more of it. A prime target is Texas, where the world's largest retailer has sued the Texas Alcoholic Beverage Commission, saying legal limits on sales of hard liquor are unconstitutional. One restriction prevents public companies — those with more than 35 shareholders — from selling spirits. The state beverage code also says no company can own more than five liquor stores unless permits for the others are bought from a blood relative.