By: Lindsay Mark Lewis, PPI’s Executive Director
Over the last several weeks, there has been increased focus and attention on the competition and antitrust debate in Washington. There has been a debate about the connection between these policies and efforts to address historically high inflation. With real consequential decisions looming for consumers, it’s perplexing why the administration chooses to focus on industries that provide consumers with more choices of quality products at competitive prices, such as the beer industry.
Yet, the Biden administration has voiced its concern. In a February report, the U.S. Treasury claims that the beer industry is facing increasing consolidation, lessening consumer choice, and ultimately asks that regulators evaluate whether mergers in the beer industry are providing fewer options for American customers.