The Federal Trade Commission (FTC) has proposed a consent agreement involving E. & J. Gallo Winery and Constellation Brands to address potential antitrust issues from Gallo's acquisition of some Constellation assets. The agreement includes several actions to maintain competition, such as Constellation divesting some of its brands and maintaining certain others. These actions are intended to prevent reduced competition in markets for sparkling wine, brandy, port, sherry, and high color concentrates. The public can comment on this agreement until February 4, 2021.
Simple Explanation
E. & J. Gallo Winery wants to buy some stuff from Constellation Brands, but the government is making sure they do it in a way that keeps things fair for everyone who likes drinks like sparkling wine and brandy, so they're asking people what they think about it.