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January 31, 2013 12:13 PM You’re Welcome, Beer Drinkers of America

By Ryan Cooper

Loyal readers might recall that in our November/December issue we ran a piece warning about the dangers of consolidation in the American beer market, arguing that creeping monopolization threatened both the craft beer market and our carefully crafted regulatory regime.

Well, if you needed any more evidence as to the reach of the Washington Monthly’s impressively musclebound arm, I present the Department of Justice:

WASHINGTON - The Department of Justice filed a civil antitrust lawsuit today challenging Anheuser-Busch InBev’s (ABI) proposed acquisition of total ownership and control of Grupo Modelo. The department said that the $20.1 billion transaction would substantially lessen competition in the market for beer in the United States as a whole and in 26 metropolitan areas across the United States, resulting in consumers paying more for beer and having fewer new products from which to choose.

Remember that for your next happy hour.

@ryanlcooper

Ryan Cooper is a National Correspondent at The Week, and a former web editor of the Washington Monthly. Find him on Twitter: @ryanlcooper

Comments

  • c u n d gulag on January 31, 2013 1:12 PM:

    Thenk goodnesh.........................

    I luv id wan vogernment wurks!!!

    HIC!

  • Trinity on January 31, 2013 1:36 PM:

    Excellent. Way to go Washington Monthly!

  • biggerbox on January 31, 2013 3:00 PM:

    Since many Republicans oppose government intervention in the "free" market, I think this story provides sufficient pretext for the charge that Republicans want to make people pay more for their beers after work.

    If only we had a propaganda network like Fox!

  • Steve on January 31, 2013 7:25 PM:

    Why would anyone care about the maker of yellow fizzy beer when there are zillions of locally brewed craft beers available?

    Maybe I'm just lucky but within a fifteen minute drive of where I'm sitting there are at least a half a dozen locally owned brewing establishments making product with several orders of magnitude better taste than anything Budmiloors has to offer.

    Oh, and Sam Adams? Same to you but more of it.

  • exlibra on January 31, 2013 7:27 PM:

    We still have antitrust laws on the books? And someone wants to enforce 'em? You could'a' fooled me... Looking around -- my "options" for cellphone, 'puter and electricity providers as well as banks, I thought that antitrust fights were limited to that archaic, anti-free-market, soshialist Europe.