Justice Dept. Sues To Block ABI, Modelo Deal

UNKNOWN | Other
Published: 02/19/2013

WASHINGTON — The Department of Justice filed an antitrust lawsuit last month challenging Anheuser-Busch InBev’s proposed acquisition of full ownership and control of Mexico’s Grupo Modelo.

The department said that the $20.1 billion transaction would substantially lessen competition in the market for beer in the United States as a whole and in 26 metropolitan areas across the United States, resulting in consumers paying more for beer and having fewer new products from which to choose.