DOJ cracks down on beer company with antitrust lawsuit

Published on NewsOK Published: January 31, 2013
Advertisement
;

Joel Gehrke

Fears about a potential increase in the cost of beer led the Justice Department attorneys to file an antitrust lawsuit against Anheuser Busch Inbevs for attempting to buy one of its Mexican competitors.

“The department is taking this action to stop a merger between major beer brewers because it would result in less competition and higher beer prices for American consumers,” assistant attorney general Bill Baer said in a statement.  “If ABI fully owned and controlled Modelo, ABI would be able to increase beer prices to American consumers.”

Click to read full article at Washington Examiner