Showing posts with label Busch. Show all posts
Showing posts with label Busch. Show all posts

Friday, July 22, 2016

Obama's "Justice" dept OK's giant beer merger

The US Justice dept signs off in a merger of Anheuser-Busch Inbev NV and SABMiller PLC.  The merger is $108 billion and creates the larger beer company in the world.  And it will pretty much eliminate competition in the US.  After this merger, if you want to drink beer, you gotta buy it from the one beer company left.  What ever they will call themselves.  And they can charge anything they want, and we have to pay it, or do without beer. 
   A merger this big should never be approved.  It is so big as to create a monopoly.  And fleece consumers left and right.  So much for Obama looking out for the people.  He's looking out for crony capitalists.