The $20 billion merger Anheuser-Busch InBev and Mexican brewer Grupo Modelo signed in June could stall or even fall apart over lack of approval from U.S. Justice Department lawyers.
According to a report by the New York Post, the Justice Department would have to seek “major concessions” before approving the merger, the St. Louis Post-Dispatch reports. If the deal is approved, A-B InBev could control about 52 percent of the U.S. beer market. Antitrust officials are concerned that may allow the company to dictate beer prices.
A-B InBev officials still expect the deal to close in the first quarter.