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Thursday
Sep112008

Anheuser Busch takeover Lawsuit filed.

(AP) A lawsuit was filed Wednesday  in an effort to derail the largest brewery takeover in history.

The group claims Belgium-based InBev's $52 billion purchase of Anheuser-Busch Cos. Inc. would violate U.S. antitrust law if completed as planned in the coming months.

In today's featured segment on Speaking of Justice, Scott Drake of The Legal Broadcast Network is joined by one of the giants of the legal profession, Attorney Joseph Alioto of the Alioto Law firm in San Francisco, CA. As one of the nations premier class action attorney's, Joe Alioto has taken on some huge cases and big names, but this particular case involves what is essentially the take over of the U.S. beer market by InBev. The concern is that with the financial resources and consolidation of brewers, bottlers and distributiors under the control of the Belgium giant, that pricing and competition will suffer dramatically.

InBev feels that there is no merit to the suit, according to their press release and responses, but we invite our listeners, who are interested in what the take over of an American corporate and cultural institution like Anheuser Busch could mean to the average beer drinker, to weigh in with their opinions.

Scott Drake speaks with renowned antitrust lawyer and lead attorney in the case Joseph Alioto.


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