24/7 Newsfeed

Put Reason 24/7 on Your Site


Follow Reason 24/7 on Twitter and via RSS

Justice Department Eyes Beer Giants

Standard Oil was broken up in 1911.  Could the beer industry be next?

A powerful Washington think tank says big beer companies are edging smaller microbreweries out of the market -- and antitrust regulators are paying attention.

The D.C.-based New America Foundation is criticizing Anheuser-Busch Inbev, which is seeking to take control of Grupo Modelo, the maker of favorites like Corona and Modelo Especial.  The Justice Department has lately been quizzing industry leaders about a virtual duopoly of the American beer market, with Inbev and its counterpart, Miller Coors, dominating the U.S. beerscape.

In a new report, the think tank argues for stronger state and local controls, all with an eye toward boosting the panoply of American microbrews.

Source: ABC News. Read full article. (link)

Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time. Report abuses.