DOJ sues to block Anheuser-Bush's takeover of Grupo Modelo

First the takeover of Jose Cuervo goes down the tubes and now another takeover is in trouble:
"The Department of Justice has filed a lawsuit to block Anheuser-Busch InBev's proposed purchase of the rest of the Mexican brewer Grupo Modelo it doesn't already own in a move that jeopardizes Constellation Brands' plans to fully acquire Crown Imports.

Such a merger, the government contends, would substantially reduce competition in the U.S. beer market, resulting in higher prices and less selection.

Anheuser's Bud Light is the best-selling choice in the $80 billion a year beer market. "Even a small increase in the price of beer could result in billions of dollars of harm to American consumers," the Justice Department said.

With no apparent intent to commit a pun, the government said it seeks "to prevent the companies from merging and to preserve the existing head-to-head competition between the firms that the transaction would eliminate."........

http://www.nbcnews.com/business/doj-sues-block-anheuser-bushs-takeover-grupo-modelo-1B8189703