Has Anheuser-Busch Let the Steam Out of Craft Beer? The Economics of Acquiring Craft Brewers
53 Pages Posted: 27 Jun 2019
Date Written: May 2, 2019
We investigate the acquisition of Goose Island by Anheuser-Busch InBev to uncover the effects of such an acquisition on pricing and growth in the craft beer industry. We investigate the implications of the acquisition within the context of maverick firms and the unique strategic environment of the three-tier system.
Keywords: antitrust, merger analysis, beer, oligopoly, imperfect competition, maverick firms
JEL Classification: L13, L22, L40, L66
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