Skip Nav
OREO
Oreos Makes a Chocolate Chip Cookie Flavor — But Is It Any Good?
Cooking Basics
13 Bacon Hacks You Shouldn't Live Your Life Without
Get the Dish
Pumpkin Spice Truffles When You Don't Want to Bother With Baking Pie

Beer Prices on the Rise; Budweiser Goes Global

In the mood for a brew? Be forewarned, a cold one could cost you. Anheuser-Busch InBev and MillerCoors have both announced plans to hike beer prices. Falling sales and higher costs of commodities like barley and hops have forced them to compensate by raising prices. In a statement Tuesday, US-Belgian company Anheuser-Busch InBev said it will raise stickers "across different price tiers" in "a majority of markets this Fall" to cover "input costs." Likewise, InBev's biggest competitor, MillerCoors, intends to increase prices this season. Higher prices from the two conglomerates — which together comprise more than 80 percent of the market — will impact the beer industry during a time when beer drinkers are reaching for the cheapest selections.

In a New York Times commentary, "Rising Beer Prices Hint at Oligopoly," the op-ed's writers lament that the two companies' abilities to raise prices while customers are hurting "highlights the pricing power that has accompanied industry consolidation" and "begs for an antitrust review."

Anheuser-Busch isn't stopping there. The beer overlord has aggressive plans to transform Budweiser into a global player, using Coca-Cola as a marketing model. The corporation hopes to introduce the "King of Beers" into dozens of new markets, including parts of Africa. Have you noticed rising beer prices? Could Budweiser eventually become an international symbol like Coke? Should Anheuser-Busch and MillerCoors face antitrust allegations?

Image Source: Getty
Around The Web
Join The Conversation
Spectra Spectra 7 years
All I know is that my husband will be incredibly bummed that Keystone Light and Miller High Life will be more expensive.
Modus-Vivendi Modus-Vivendi 7 years
Beer is expensive enough as it is!
Jason Momoa Tours Guinness Beer Brewery
Beer and Peach Cocktail Recipe
Top 10 Highest-Calorie Beers (and the 10 Lowest!)
Which Clydesdale and Dalmatian Commercial's Cuter?
Budweiser Salutes the Nudist Colony Activity Coordinator
Latin American Beers
Bye Bye Budweiser! American King of Beers Now Belgian

POPSUGAR, the #1 independent media and technology company for women. Where more than 75 million women go for original, inspirational content that feeds their passions and interests.

From Our Partners
Latest Food
X