Thursday, May 3, 2018

Scotland introduces minimum pricing for alcohol

Scotland is going to introduce the minimum pricing for alcohol.

It is for the first time in the world to set a minimum price for alcohol consumption. If realized, selling alcohol at a lower price than 50 pence per unit of alcohol will be illegalized.

The main aim of this legislation is to cut off alcohol consumption bringing people to alcohol dependence.

On the other hand, it is not surprising Scotch Whisky Association and other relevant organizations are opposing to this scheme. But, Britain'S Supreme Court declined their appeal. Therefore, it is expected that this new regulation will come into force this week.

The Straits Times: Scotland becomes first country in the world to introduce minimum pricing for alcohol

Rather, it is possible that this legislation will protect whiskey industry because selling whiskey for the too low price is prevented while luxury brands will not be affected.

On the other hand, illegal providers will rise there. But it is unsure that they will make profits because selling alcohol for a low price demand a considerable cost reduction.

As the birthplace of whiskey, Scotland will attract attention about the outcome of this "alternative prohibition law."

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