Posted on 10/13/2015 4:42:15 AM PDT by SoFloFreeper
The sixth time was the charm as British-based brewer SABMiller on Tuesday accepted in principle a $106 billion takeover offer from Anheuser Busch InBev that will create the world's biggest beer company and bring together top U.S. brands Budweiser and Miller Genuine Draft.
(Excerpt) Read more at mlive.com ...
Airlines, media, and now....BEER.
None of this positive for free markets or the consumer.
Their beers are swill.
Miller Genuine Draft? Who drinks that? Not many, I’ll bet.
Strange brew indeed.
Henceforth they will call themselves Elsinore Brewery; you know the one next to the RCIMI?
Will they have mice in their beer?
Neither company makes beer. ;)
All by design.... it’s much easier for government to control one or two companies within an industry, than dozens or even hundreds of companies. Less competition and fewer choices makes it even easier for the two entities to collude to relieve more money from consumers. Sickening...
Imbev ruins everything they touch....I will seek out local brew or any of their competition before giving them any of my cash...these scumbags ship Stella Artois in 11.3 oz bottles (formerly a standard 12 oz)...that act alone stopped me from buying the premium beer...these people suck...
Budweiser & Miller beer...I thought that horse died.
Are you kidding? Have you bought beer lately? Been to the beer aisle at the supermarket? The choices these days are almost overwhelming. This is the golden age of beer with microbreweries popping up everywhere. And no one I know would touch a Budweiser or a Miller. They are swill.
Sometimes i wonder if the people who post here are totally divorced from reality.
You’d be surprised at how many of those “microbrews” are owned by the Big Two...
>> Their beers are swill.
I wouldn’t know; those companies don’t actually make beer.
Yes, some are. But the market is wide open. Blaming this on Obama is just ridiculous. It’s normal business consolidation. Happens all the time and has for decades.
McDonalds and Taco Bell will still have their role in society, but most people eat better.
Using the word craft so close to the word Budwiser is a crime.
Bob Evans needs to fly the Confederate Flag in front of their restaurants for a week.
To the extent that there are microbreweries, you can be sure of this: the historical pattern is that once the marketplace is consolidated and/or protected by the government, the small business competitors are squeezed out.
The Dodd-Frank law is a prime example. Big banks are doing fine, small banks are being hurt by the regulations.
The pattern seems to be the same in other industries.
Mergers of key industries have been fast and furious since 2009. This isn’t coincidence. And the feds are not opposing the trend.
in the old days, it was the preference of beer drinking alcoholics..... at least the ones that I knew
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