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Saturday, February 02, 2013
The U.S. Government Is Suing To Keep Beer Prices Low
Why I love this Country!
On Thursday, the U.S. Justice Department filed a lawsuit to stop two large beer companies from merging . . . and to keep beer prices LOW for all of us.
--Anheuser-Busch InBev . . .which is the company that makes Budweiser . . . wanted to merge with a Mexican beer company called Grupo Modelo. They make Corona.
--Together, the two companies represent about
of beer sales in the U.S. And the deal would be worth about
--But the government is worried that if one company controls nearly HALF of the beer market, it would reduce competition and let them raise beer prices.
--In other words, your government is fighting to keep beer prices low for all of us.
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