U.S. Senators Amy Klobuchar and Mike Lee announced via press release today that the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights will hold a hearing on Anheuser-Busch Inbev’s proposal to purchase SABMiller on Tuesday, December 8, at 10am EST.
The hearing will examine how the proposed merger of the world’s two biggest beer producers would impact competition and consumers across the country.
“This hearing will allow us the opportunity to examine this deal closely, including the proposed divestitures, to see how it will impact the price of beer for consumers and if it will harm the craft brewers that are creating jobs and economic growth across the country,” Klobuchar said in the release. “We must ensure competition in the $100 billion a year beer industry remains on tap.”
Attending the hearing will be Carlos Brito (CEO, Anheuser-Busch InBev), Mark Hunter (President & CEO, Molson Coors), Bob Pease (CEO, Brewers Association), Craig Purser (President & CEO, National Beer Wholesalers Association), J. Wilson (Minister of Iowa Beer, Iowa Brewers Guild), and Diana Moss (President, American Antitrust Institute).
The hearing will also be streamed here.