date:Feb 04, 2013
er of Corona, Modelo and six other brands) for $20.1 billion. The department argues that Belgium-based Anheuser-Busch, which holds nearly half the beer market in the United States, has set the tone for the other major brewers by steadily increasing the wholesale price of its products. But Modelo hasn't followed the King of Beers' lead, the DOJ alleges, trying instead to take market share away from Anheuser-Busch by charging less for its beers.
Modelo's best-known brand is Corona, the bestsellin