The U.S. Department of Justice has filed an anti-trust lawsuit against Anheuser-Busch InBev.
The government alleges the company's plans to purchase Mexican brewer, Grupo Modelo, would give AB-InBev monopoly power to set prices.
Bill Baer, DOJ's top anti-trust official said the removing Modelo as an aggressive competitor to Anheuser-Busch InBev would give the company too much leverage to drive up prices.
The famous “Budweiser” sign on the St. Louis brewery will start to come down on Monday.
But, have no fear - a new, brighter one will replace it in a few weeks.
The current sign on Anheuser-Busch’s Bevo Building has been up since 1979.
General Manager Jeff Pitts says it was getting susceptible to bad weather.
Budweiser Black Crown, the latest of Anheuser-Busch's higher-alcohol beers, will hit shelves across the country on Monday. The beer has been sold in St. Louis for several weeks now.
The new recipe is the result of a challenge, called “Project 12” among the company’s 12 brewmasters.
The new take on classic Bud features a stronger hop flavor and higher alcohol content, about 6 percent.
Benj Steinman, editor of Beer Marketer’s Insights says the move comes as mass-market brands face increasing pressure from craft beer, wine and spirits.
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