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Calichusetts · 01-31-2013, 05:57 PM

http://www.nbcnews.com/business/doj-sues-block-anheuser-bushs-takeover-grupo-modelo-1B8189703

Figured the last discussion was closed, and this might actually please the people who call Bud an evil/bully corporation. Both sides seem to talk as if the deal with go through anyway, regardless of the DOJ's lawsuit

Nightshade · 01-31-2013, 06:30 PM

Not sure how I feel about this really, on the one hand I don't see where DOJ has jurisdiction over a private company expanding and inhibiting it since it would be considered a non-crucial industry unlike a communications company.

On the other hand I see their acquisition of GM as being a bit monopolistic in nature, but options do still exist and the buyer will set the market in the end.

**Homercidal** · 01-31-2013, 06:35 PM

Quote:

In a statement, Constellation Brands expressed disappointment with the Justice Department's decision.

"The proposed transaction would further establish Crown Imports as a more independent and competitive entity and solidify is position as a major player in the U.S. beer industry," Constellation said, in a press release.

I question if we really need any more "Major Players" in the U.S. Beer Industry.

Nightshade · 01-31-2013, 06:45 PM

That article is terrible, just figured out why DOJ is involved...distribution monopoly which I agree needs an injunction of some form. I don't see why they don't buy GM minus the distribution side and make it it's own company to be sold to third party if one exists.