PDA

View Full Version : US Justice Dept. Sues To Block Anheuser/Busch Acquisition Of Corona's Parent Co...


ApexOversteer
01-31-2013, 3:40pm
(AP) – The Justice Department filed a lawsuit today to stop Anheuser-Busch InBev's proposed $20.1 billion purchase of Mexican brewer Grupo Modelo, which would unite the ownership of popular beers like Budweiser and Corona. The government said the deal could lead to higher beer prices in the US because it would substantially reduce competition in the domestic beer market, particularly in 26 metropolitan areas. It said the merged firm would control nearly half the beer sales in the US.

In response, Anheuser-Busch InBev promised a court fight to preserve its deal. ABI is the largest brewer of beer sold in the US and Modelo is the third—together, they control about 46% of annual sales in the US. MillerCoors, the second-largest beer company, accounts for 29%. "What we saw was a pattern of behavior" in which the "big folks were working hard to get price increases and Modelo was a significant constraint" on that behavior, says a Justice Department antitrust official.

$20B? Corona must be more popular than I thought... :datawiz:

VatorMan
01-31-2013, 3:44pm
Micro Brews are so popular now-surprised Bud and Coors aren't losing market share.

C5SilverBullet
01-31-2013, 3:46pm
There is a huge Budweiser-Corona distribution center here in Houston, I thought they were already connected.

Joecooool
01-31-2013, 3:51pm
Micro Brews are so popular now-surprised Bud and Coors aren't losing market share.

Micro brews make you fat.

Stangkiller
01-31-2013, 3:53pm
Micro brews make you fat.

As opposed to regular beer, that just makes you drunk? :datawiz:

ApexOversteer
01-31-2013, 3:54pm
There is a huge Budweiser-Corona distribution center here in Houston, I thought they were already connected.

Many times distributors are not actually affiliated with the maker of the products they distribute.

Sometimes, the bottler is also independent, licensing the recipe to make a company's product for an area.

Joecooool
01-31-2013, 4:00pm
As opposed to regular beer, that just makes you drunk? :datawiz:

Microbrews are full-bodied beers, and often have double or triple the amount of calories as a domestic mass produced beer.

Dogfish Head World Wide Stout, for example, contains 666 calories per 12 oz.

It also contains more carbs than an entire 12 pack of Mich Ultra.

Entropy
01-31-2013, 4:23pm
Microbrews are full-bodied beers, and often have double or triple the amount of calories as a domestic mass produced beer.

Dogfish Head World Wide Stout, for example, contains 666 calories per 12 oz.

It also contains more carbs than an entire 12 pack of Mich Ultra.
If I wanted water, I'd drink water. Hooray for beers that don't taste like ass.

Also, beer that comes in clear bottles = nasty.

BeerSci: Why You Should Never Drink Beer From A Clear Glass Bottle | Popular Science (http://www.popsci.com/science/article/2013-01/beersci-why-you-should-never-drink-beer-clear-glass-bottle)

C5SilverBullet
01-31-2013, 4:25pm
If I wanted water, I'd drink water. Hooray for beers that don't taste like ass.

Also, beer that comes in clear bottles = nasty.

BeerSci: Why You Should Never Drink Beer From A Clear Glass Bottle | Popular Science (http://www.popsci.com/science/article/2013-01/beersci-why-you-should-never-drink-beer-clear-glass-bottle)

You lost me at:

http://www.popsci.com/files/imagecache/article_image_large/articles/skunkbeer1.jpg

Entropy
01-31-2013, 4:27pm
You lost me at:

http://www.popsci.com/files/imagecache/article_image_large/articles/skunkbeer1.jpg
Beer in clear bottles = formation of the same chemical that shows up in skunk spray.

http://i2.kym-cdn.com/entries/icons/original/000/006/216/7nTnr.png

mrvette
01-31-2013, 4:30pm
FUNNY, how Miller Brewing was bought out by SAB South African Brewing some years ago, the old Teamsters contract was broken with the olde tymers contract being honored, but ALL new workers are now illegals with what must be 28 hours/week today....and paid 15 bux/hour

My oldest friend from HS daze yet one of only two I keep in touch with who told me this shituation some dozen? years ago.....

BUT YET the .gov NEVER said a word....WHY???

HE is the only person that did NOT own their own business and has been employed in private industry that has been successful in life...that I know for any time frame....

:issues: