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Anheuser-Busch InBev

Posted on July 14, 2008 by Riley

Looks like the deal for InBev to acquire A-B has been done.

One interesting thing of note in the article.  Turns out that A-B owns 50 percent of the Mexican company that makes Corona.

Filed under: Virginia Politics

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2 Responses

  1. J. Tyler Ballance, on July 14th, 2008 at 10:43 am Said:

    Perhaps now with “Bud” being bought, even the Joe Sixpacks out there will begin to realize that our whole country is being passed into the control of huge multinational corporations.

    When these leviathan corporations own so much, they cannot help but be anti-labor and anti-competitive. Worse, they provide a corrupting influence on our government, all the way down to the state and local level, as we have recently witnessed with Speaker Howell and Del Hamilton suddenly championing privately owned toll roads; a move that directly benefits huge multinational corporations, and would harm Virginians.

  2. Rittinger, on July 14th, 2008 at 5:55 pm Said:

    Yes, because state operated toll roads have worked out so very well. Perhaps you should look to NY and Massachusetts to see what happens when the state (through state-run “authorities”) run toll roads. First off, money gets ciphoned away and spent on things other than road maintenance. Second, fares are hiked not for legitimate market reasons, but rather to lard the government till. Did you know that the NYS Thruway tolls were supposed to expire back in the 1980s and the road maintenance was to be funded from rest stop licensing fees and taxes (charged to the gas station operators and restauarants that got placement). Suffice to say, the NY government wouldn’t give up the cash cow and simply changed the charter with a vote in the legislature. You think that would have happened with a private company operating the road? Not likely.

    With the exception of police and military functions, there are very few things that private enterprise does not do better than government.

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