A New Jersey craft beer wholesaler has agreed to pay $2 million and surrender its license to settle claims of anti-competitive trade practices.

The Division of Alcoholic Beverage Control claimed that the Hunterdon Brewing Co. of Whitehouse Station sold draft beer tap systems at below fair market prices and concealed the charges by mislabeling them as “miscellaneous draft charges” on invoices, and ignored credit regulation for at least 700 retail customers.

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