AAI Issues Paper on ABI-Modelo

Dear Client:The American Antitrust Institute, a non-profit organization which seeks to "increase the role of competition," issued a long white paper yesterday which brings up some interesting questions about the proposed ABI - Modelo - Constellation transactions. While seemingly against the transaction, the paper also has some errors and hard-to-back claims (like Sierra Nevada is a contract brewer, or that the merger would increase SABMiller's share and power). The AAI admits it "does not have access to either the proprietary