DOJ Challenges Beer Merger

The Justice Department filed a lawsuit last Thursday in federal court to stop Anheuser-Busch InBev’s proposed $20.1 billion purchase of Mexican brewer Grupo Modelo, the Johnson City Press reports. The deal would unite the ownership of popular beers such as Bud Light, the best-selling domestic beer, and Corona, the best-selling import. The government said the deal could lead to higher beer prices since the firm would control nearly half of all beer sales in the country.