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In Brief / BEVERAGES

Miller, Coors probe closed

June 06, 2008|From Times Wire Services

The Justice Department said its antitrust division had ended its investigation of Molson Coors Brewing Co. and SABMiller's proposed joint venture to market and distribute beer in the U.S.

The division concluded that the joint venture would not reduce competition.

Milwaukee-based Miller and Denver-based Molson Coors announced in October that they would form MillerCoors, aimed at helping them compete against Anheuser-Busch Cos., which has about half the U.S. market.

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