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“We are satisfied that the SLA’s determination was not arbitrary, capricious or irrational,” the appellate court ruled in a June 25 decision.
The Hartford chain, which has a store in Norwalk, has vowed to fight on.
The agreement does not affect Total Wine’s lawsuit challenging the law.
BevMax and Total Wine & More are now both under investigation by state authorities.
The chain ran a series of ads touting how its prices were lower than the state’s “mandated price” on the same day it filed the suit.
The suit maintains that current statutes are in violation of the Sherman Antitrust Act.
Total Wine & More, a family-owned retailer of wine, spirits and beer that last year totaled more than $1 billion in revenues, opened a 35,000-square-foot store at 380 Main Ave. in Norwalk Dec. 3.