Coors / SAB Miller to Combine Operations

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Coors/SABMiller to combine US operations

By EMILY FREDRIX, AP Business Writer Tue Oct 9, 6:26 PM ET

MILWAUKEE - The nation's second and third-largest brewers, Miller and Coors, are planning to blend their U.S. operations to help them compete in a struggling U.S. industry and against its leader, Anheuser-Busch.

The deal, announced Tuesday, will place almost 80 percent of the U.S. **** market in the hands of just two companies, the new MillerCoors and Anheuser-Busch, making it a likely target for a tough antitrust review.
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While I'm thinking of it . . .

Mergers inherently -

√ give rise to oligopolies

√ encourage layoffs & buyouts > refill with cheaper insourced labor

√ lower product quality

√ offer fewer product choices

√ further polarize corporate relationships with consumers and investors alike

√ reward massive salary increases within the corporate hierarchy

√ enhance the dismemberment of a once dominant middle class demographic

Isn't it a wonderful time to be alive ?

As the super wealthy get greater, the mid class default into serfdom.
 

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