A PYMNTS Company

US: Record-breaker for Obama administration with DOJ’s beer lawsuit

 |  February 4, 2013

Some analysts are calling this a record-breaking era of antitrust cases headed by the Obama administration and its increased efforts to intervene in various markets. Reports are noting that the recent decision by the Department of Justice to block a more than $20 billion beer merger between Anheuser-Busch InBev and Grupo Modelo SAB. The Justice Department’s lawsuit is the seventh currently in litigation, which marks “the most ever at one time,” according to a department spokesperson. According to one analyst, John Connor, an industrial economics professor at Purdue University, the beer lawsuit “represent an attitude of more skepticism” of the benefits of a merger claimed by the relevant parties involved.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

     

    Full content: Bloomberg

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.