The global beer industry consolidated into a single firm in 2016, as Anheuser-Busch InBev and SABMiller merged. The combination controls over 2,000 beers, including most of the major non-craft brands in the world like Budweiser, Beck’s Bass, Labatt’s, Michelob, Corona, and Stella Artois. In the United States, Anheuser-Busch InBev and Miller-Coors control over 70 percent of beer sales.
The beer industry is still under threat of competition from craft beer though right? Is this really a monopoly when I can buy 40 other brands of beer at my local liquor store?
