, Columnist
AB InBev Should Loosen Up
The brewer needs to relax its centralized culture to keep its China business
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To gets its $107 billion offer for SAB Miller past U.S. antitrust regulators, AB InBev has agreed to give up MillerCoors. Investors are concerned it will have to make similar concessions in China. But the company should do whatever it takes to avoid that.
As Duncan Fox, an analyst at Bloomberg Intelligence points out, the Chinese authorities aren't instinctively against market dominance -- as long as the companies concerned are Chinese-controlled.