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Treasury brews up ideas for a more competitive beer market
ABC News
The U.S. government wants to give people better beer choices
WASHINGTON -- The government wants to give beer lovers more choices than the usual suspects when they reach for a drink — and help them pay less for whatever they choose.
As part of a larger Biden administration effort to boost competition in all sorts of industries, the government is looking at ways to loosen the grip of a few big beer companies that control 65% of the market.
The answers could include everything from rethinking how beers are displayed on grocery store shelves to considering whether brews can be shipped straight to doorsteps.
The Treasury Department came up with its list of suggestions earlier this month in response to a July executive order by President Joe Biden to develop a plan to improve small business access to the beer, wine and spirits industry.