Modelo

Planet Money
2:09 am
Thu February 14, 2013

Mavericks, Hot Documents And Beer

Lawrence Jackson AP

Originally published on Fri February 15, 2013 2:05 am

The boards of American Airlines and US Airways just approved a merger of the two airlines. But the deal still has to win the approval of antitrust regulators at the Justice Department — regulators who last month sued to stop a merger between the beer giants Anheuser-Busch InBev and Grupo Modelo, which brews Corona.

The antitrust division has dozens of economists on staff. Their job, essentially, is to figure out whether a merger would reduce competition so much that a company could raise prices without losing business to competitors.

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Anheuser-Busch InBev
4:24 pm
Thu January 31, 2013

Antitrust Lawsuit Filed Against Anheuser-Busch InBev

(via Flickr/TMQ.st.louis)

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.

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Business
5:55 pm
Fri June 29, 2012

Anheuser-Busch InBev buys Mexican brewer Modelo

Modelo controls 4 percent of the U.S. beer market.
via Wikimedia Commons

The world's largest brewer is getting even bigger. Anheuser-Busch InBev announced plans early on Friday to buy a remaining 50 percent of the Mexican brewing giant, Grupo Modelo, for $20 billion.  

The purchase will give A-B InBev complete control of the company and access to Modelo’s popular Corona, Modelo, Negra Modelo and Pacifico brands.

Speaking in a conference call Modelo CEO Carlos Fernandez says the move is necessary step to export his brands around the globe.

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