| NJ beverage company fined $550G for violating New York’s bottle deposit law |
In a plot similar to a “Seinfeld” episode, a New Jersey beverage company was hit with $550,000 in fines and a three-year suspension from selling in New York for circumventing the state’s bottle deposit law.
The company, North Bergen Beverage, sold tens of millions of beverage containers since 2013 to New York stores without collecting the required nickel deposit, as required by law, according to a joint announcement by the offices of Gov. Cuomo and Attorney General Eric Schneiderman.
By forgoing the nickel deposits, North Bergen Beverage was able to illegally undercut its competitors and denied the state millions of dollars in revenue it would have otherwise received when deposits are not redeemed by customers, state officials said.
Read More at NY Daily News
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