European Union antitrust regulators have opened an investigation into the trade practices of Anheuser-Busch InBev (AB InBev) in Belgium, its home market.
The commission said it would probe if the company has “abused its dominant position in Belgium.” At issue is whether the brewer has used its market position to block cheaper imports of its beer from neighbouring countries entering the Belgian market, a breach of the commission’s rules.
South Africa’s Competition Tribunal has given its nod to the merger of Anheuser-Busch InBev and SABMiller.
The approval, however, comes with conditions designed to address both public interest and competition concerns arising from the merger.
Life Continental Lager Beer, a product from the stables of Nigerian Breweries Plc has kicked-off the 2nd edition of its Progress Booster Show, where it rewards entrepreneurs who have compelling business ideas with funds to start or grow their businesses. The beer brand handed out N7.5m to 30 winners recently.
The Progress Booster Show is an entrepreneurial talent hunt and mentoring radio programme targeted at innovative businessmen and women in the South Eastern states.
