Monday, November 16, 2015

Your local CEO's dollars at work.

But not for you.

Well - it works well, for the capitalists!
     “The beer industry underwent substantial consolidation in 2008, when Anheuser-Busch, the maker of Bud Light, was bought by InBev, a Belgian company. Around the same time, SABMiller of London and MolsonCoors of Denver merged their U.S. operations. Those two companies brewed other popular American beers, Miller and Coors. . . . Together, the two brewers [now] control 31 percent of the global market.”*  
     So, of course, more efficiency: and prices went down. See above graph!

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*Max Ehrenfreund for WaPo online’s Wonkblog: Why you might be paying too much for your beer.

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