Beer Purchasers' Antitrust Challenge To Acquisition Is Dismissed

Beer Purchasers' Antitrust Challenge To Acquisition Is Dismissed

SAN FRANCISCO - A federal judge in California on Sept. 19 dismissed claims by purchasers challenging Anheuser-Busch InBev SA/NV's (ABI) acquisition of the remainder of Grupo Modelo S.A.B. de C.V. that it does not own, finding that ABI's percentage share of the U.S. beer market will not be increased as a result of the merger and that there is no evidence of an agreement to fix prices (Steven Edstrom, et al. v. Anheuser-Busch InBEV SA/NV, et al., No. C 13-1309, N.D. Calif.; 2013 U.S. Dist. LEXIS 131386).

Find full version on lexis Advance®
Access this news story on lexis.com®