Legal News

Temporary Stay Filed in Antitrust Suit Against Anheuser-Busch
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

On Wednesday, Anheuser-Busch InBev and the Justice Department announced that the two parties were discussing plans to resolve antitrust concerns regarding the planned deal of the beer maker with Grupo Modelo, according to The New York Times.

A temporary stay of an antitrust suit filed by the Justice Department was filed by both parties as they discuss possible options. The beer maker offered to buy part of Grupo Modelo, the part it does not already own, for $20.1 billion.

  
What
Where


A lawsuit was filed on January 31 to block the deal on the grounds of antitrust. The government claims that the original merger proposal will increase the beer maker’s control of the American beer market. This would let it raise prices while also reducing choices for local consumers.

Anheuser-Busch is the largest beer maker in the country while Grupo Modelo is third on the list. Anheuser originally said that the lawsuit filed by the government was based on faulty assumptions.

Last week, the beer maker said that it would sell the rights to Corona and other brands from Grupo Modelo in the United States to Constellation Brands for $2.9 billion. Anheuser would also sell a brewery near the border of Mexico that is owned by Grupo Modelo. Also to be sold are the licensing rights to the brands of Grupo Model in the United States.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




The Justice Department released a statement on Wednesday that said a delay was requested by all parties involved until March 19.





 

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Complex Litigation Attorney with 3-5 years of arbitration experience

USA-FL-Miami

Miami office of our client seeks complex litigation attorney with 3-5 years of law firm experience i...

Apply Now

Senior Business & Commercial Litigation Attorney

USA-CA-Irvine

Irvine office is seeking a business and commercial litigation attorney with 5+ years of experience. ...

Apply Now

Commercial Litigation Attorney with 1-3 years of experience

USA-TX-Dallas

Dallas office of our client seeks litigation attorney with 1-3 years of experience. The candidate wi...

Apply Now

Labor and Employment Attorney with 3-4 years of litigation experience

USA-CA-Los Angeles

Los Angeles office of our client seeks labor and employment attorney with 3-4 years of litigation ex...

Apply Now

RELEVANT JOBS

Paralegal

USA-AL-Montgomery

Overview The Southern Poverty Law Center is dedicated to fighting hate and bigotry and to seeking...

Apply now

Legal Assistant- Bilingual

USA-NV-Las Vegas

Prestigious personal injury firm seeks superstar BILINGUAL legal assistant! Candidate MUST have...

Apply now

Commercial Real Estate Associate

USA-NY-Rochester

Searching for an experienced commercial real estate associate. Ideally, this candidate has gained th...

Apply now

Paralegal / Legal Assistant

USA-LA-New Orleans

New Orleans law firm, Herman, Herman & Katz, seeking to hire a paralegal with at least five years ex...

Apply now

Most Popular

SEARCH IN ARCHIVE

To Top