Senate to Hold Hearing on Mega-Merger

The Senate Judiciary Committee antitrust subcommittee will hold a hearing on Dec. 8th to hear testimony from industry experts and representatives.
The $106 billion AB InBev takeover of SABMiller would be one of the largest mergers in corporate history and the largest ever in the global beer industry. Although it is certain that the new combined entity will have to divest of the MillerCoors brands here in the US, antitrust regulators will be exploring the impact on the domestic beer market.
The witnesses will be AB InBev chief executive Carlos Brito, Molson Coors CEO Mark Hunter, Diana Moss, president of the American Antitrust Institute, Bob Pease, CEO of the Brewers Assocition and others.