The US Senate Judiciary Committee’s antitrust subcommittee will hold a hearing to discuss Anheuser-Busch Inbev SA’s plans to buy rival SABMiller PLC, two senators said on Tuesday.
The world’s biggest brewer, Anheuser-Busch InBev, and SAB Miller, the world’s No. 2, said in mid-October that they had agreed on terms for a deal that is expected to top $100 billion.
Senator Mike Lee, a Utah Republican and chairman of the Senate’s antitrust panel, announced the hearing along with the top Democrat, Senator Amy Klobuchar of Minnesota.
“The proposal to merge the world’s two biggest beer producers raises serious antitrust concerns for the $100 billion a year beer industry,” said Ms. Klobuchar in a statement. “It is critical that we examine this deal closely to see how it will affect the price of a pint, and if it will harm the craft brewers that are serving up world class beers and jobs across the country.” Mike Lee said.
No date or other details of the hearing were given.
Full content: The Wall Street Journal
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
U.K. Parliament Rejects Copyright Measure in Data Bill
May 12, 2025 by
CPI
Top Australian Law Firms Target ACCC Talent Ahead of Major Merger Reforms
May 11, 2025 by
CPI
What the Google Antitrust Trial Has Revealed So Far
May 11, 2025 by
CPI
Hamlin Remains Confident in 23XI, Front Row Antitrust Case Against NASCAR
May 11, 2025 by
CPI
Google Faces €2.97 Billion Lawsuit in Italy Over Alleged Market Abuse
May 11, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Mergers in Digital Markets
Apr 21, 2025 by
CPI
Catching a Killer? Six “Genetic Markers” to Assess Nascent Competitor Acquisitions
Apr 21, 2025 by
John Taladay & Christine Ryu-Naya
Digital Decoded: Is There More Scope for Digital Mergers In 2025?
Apr 21, 2025 by
Colin Raftery, Michele Davis, Sarah Jensen & Martin Dickson
AI In the Mix – An Ever-Evolving Approach to Jurisdiction Over Digital Mergers in Europe
Apr 21, 2025 by
Ingrid Vandenborre & Ketevan Zukakishvili
Antitrust Enforcement Errors Due to a Failure to Understand Organizational Capabilities and Dynamic Competition
Apr 21, 2025 by
Magdalena Kuyterink & David J. Teece