Two of the world’s largest beer companies, AB Inbev and SABMiller, are trying to merge into one enormous company. The beer giants say the move will help them expand into new global markets, but US beer fans and lawmakers say that the merger will be bad for American consumers. Right now, the two companies, which make Budweiser, Miller, and Coors, control over 80 percent of the US beer market. Lawmakers and craft beer connoisseurs are worried that a merger would create a virtual monopoly in the US beer market that would allow AB Inbev-SABMiller to edge out smaller competitors.
Read the full article here: Lawmakers Express Concern Over AB Inbev-SABMiller Merger
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