Friday, February 1, 2013

The Justice Department Files a Lawsuit Against Anheuser-Busch InBev

Tampa, Fl -- The U.S. Justice Department filed a lawsuit on Thursday to stop Anheuser-Busch (The company that is famous for their beers and the Theme Parks such as Busch Gardens.) InBev's proposed US$20 billion purchase of Mexican's insignia brewer group Grupo Modelo which would join the owners of two of the world's most popular beers as Budweiser and Corona.

The government said that the deal could lead to a higher prices with the beer brands as there won't be a fair competition and there would be an indirect creation of a monopoly of the alcoholic beverages as the merge would control half of the sales in the United States. 

Daimler Trucks North America gave a warning that 1,300 could be lost in North Carolina and Oregon due the the Justice Department blockage and their synergy with Anheuser-Busch on the transportation. The impact on the economy is a lose-win situation where if Anheuser-Busch wins the InBev there could be a major problematic for the consumers affair as well fair trade on the market but what to do, to create a fair position where jobs will be created and there won't be a monopoly. The number of Americans seeking unemployment aid rose sharply last week but remained at a level consistent with moderate hiring. Weekly applications for unemployment benefits rose 38,000 to a seasonally adjusted 368,000, the Labor Department said Thursday.

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