A Blog dedicated to news, laws and trends involving the parallel market.
Most people have heard of the parallel market in fragrances, cosmetics and electronics. Few have heard of a parallel market in wines. However, the New York State Assembly has and is intent on shutting it down. Bill No. A06884, a bill introduced by Assemblyman Robin Schimminger and referred to the New York State Committee on Economic Development, seeks to restrict restaurants and retail stores to obtain wine only from a primary source or authorized distributor. This requirement would effectively forbid the restaurant and retail store use of wines obtained in private sales and auctions.
Supporters of the bill argue that the bill is necessary to stop the distribution of counterfeit wines. However, detractors suggest that this is special interest legislation which will only hurt consumers and reduced the diversity of available wines in the marketplace. Opponents of the bill are asking New Yorkers to write to their legislators to voice opposition to the bill.
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