Not unlike Coke and Pepsi, two beer companies control most of America’s beer.
Who cares, you say? Apparently the federal government is mildly concerned, as reflected in its response to Budweiser’s plan to buy Corona, as discussed in a piece in today’s New York Times, as follows:
“Consumers will benefit from the Justice Department’s antitrust suit to block Anheuser-Busch InBev, the country’s largest brewing company, from acquiring one of its competitors. This kind of action was seen less frequently in the Bush administration.
“Anheuser-Busch InBev announced in June that it would pay $20.1 billion to buy the 50 percent stake in Grupo Modelo of Mexico — maker of Corona beer — that it did not already own. Continue reading “Two beers are not enough”