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Senate antitrust hearing Tuesday on AB InBev, SABMiller deal

Senate antitrust hearing Tuesday on AB InBev, SABMiller deal

Anheuser-Busch InBev's proposed $107 billion takeover of SABMiller — the largest beer merger in history — will be examined in Senate subcommittee hearing Tuesday morning.

Beer executives, including AB InBev CEO Carlos Brito and Molson Coors CEO Mark Hunter, will testify at a hearing of the Senate Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights.

For the deal to be completed, it has to gain Justice Department approval. The subcommittee step is a "routine oversight hearing" for mergers of this size, said Conn Carroll, spokesman for Sen. Mike Lee, R-Utah, chairman of the subcommittee.

Other witnesses include Bob Pease, CEO of...

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