Blumenauer Statement on Justice Department Decision on ABI and SABMiller Merger
PORTLAND, ORE. – Today, U.S. Congressman Earl Blumenauer (OR-03) released the following statement on the decision from the Department of Justice regarding the global merger of Anheuser-Busch InBev (ABI) and SABMiller:
“I welcome protections included by the Department of Justice for craft brewers and consumers. In particular, consumers will have more choice—and better beer—by protecting craft beer distribution channels and ensuring the review of future craft brewing acquisitions. The new company will exercise enormous market power, and it will be important to remain vigilant to protect consumers, entrepreneurs, and Oregon’s craft beer community.”
On Tuesday, Congressman Blumenauer highlighted and underscored concerns about the effects of the merger on Oregon’s craft brewers and consumers. On February 11, 2016, he joined other members of the House Small Brewers Caucus, in calling for the Department of Justice to complete a comprehensive review of the merger and to “prevent negative effects of the proposed transaction on America's craft brewers and consumers, who may be left with fewer choices and experience higher prices.” In particular, the Small Brewers Caucus urged the Department of Justice to examine “outcome[s] that will further limit access to many U.S. markets that are currently only served by two major beer distributors.” Click here to read the Small Brewers Caucus’s letter.
Congressman Blumenauer is a member of the Small Brewers Caucus in the U.S. House of Representatives, and cosponsors legislation that supports the craft brewing industry in Oregon and across the United States, including the Small BREW Act, the Craft Beverage Bond Simplification Act of 2015, and the Craft Beverage Modernization and Tax Reform Act of 2015. Congress also recently passed his legislation supporting the craft cider industry.