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Bud Light falls to No. 3 beer brand more than year after Dylan Mulvaney controversy
(www.foxbusiness.com)
this post was submitted on 18 Jul 2024
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InBev does not own Modelo. The Grupo Modelo owns it.
Grupo Modelo is a subsidiary of InBev. https://en.wikipedia.org/wiki/AB_InBev
Only outside of the United States. In the United States, it is sold by Constellation. It was part of the anti-trust agreement.
Amazing someone downvotes you for this when it spot on.
In the US, where this matters, it's not part of InBev.
If anything, is just highlights how too much stuff is owned by a very small set of companies.
My first statement was off. I know it wasn't owned my InBev in the United States but it is a different company that owns it.
When you start going down that Rabbit Hole, it is just shocking to see what companies own what.
I think we need stronger enforcement of anti-trust laws.