Minhas Brewing Sues AB/InBev Over Antitrust Violations

imageFrom USNews:

A Canadian company that owns a brewery in southern Wisconsinhas filed a federal lawsuit alleging antitrust violations by two of the world's largest brewing companies.

Mountain Crest says in the suit filed Tuesday that AB InBev of Belgium and Molson Coors Brewing Co. in Denver had an arrangement with the Liquor Control Board of Ontario from 2000 to 2015 that restricted the sale of other U.S. beer in the Canadian province.

The suit says the companies violated the Sherman Antitrust Act by controlling the distribution and retail options in Ontario.

"Plaintiff's injury is precisely the sort that the antitrust laws were intended to forestall; namely, two dominant businesses using their market power to stifle competition," the complaint said.

The company said the agreement limited Mountain Crest's growth and sales. The company seeks lost revenue and $200,000 in punitive damages.

The Alberta-based company owns Minhas Craft Brewery in Monroe, the Wisconsin State Journal reported .

0 comments (click to read or post):

Post a Comment

Please leave a comment...I do moderate each comment so it may not appear immediately...and please be nice! You can also comment using Disqus (below) or even comment directly on Facebook (bottom).