DOJ cracks down on beer company with antitrust lawsuit
Published: January 31, 2013
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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.
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“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.”
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