AB InBev Has Agreed to Pay Record $5 Million to the TTB for Trade Practice Violations

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AB InBev Has Agreed to Pay Record $5 Million to the TTB for Trade Practice Violations
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AB InBev has agreed to pay record $5 million to the TTB for trade practice violations. craftbeer beertwitter

Anheuser-Busch InBev is no stranger to paying massive sums in fines and penalties to the Alcohol and Tobacco Tax and Trade Bureau in the U.S., when it comes to operating in its traditionally cutthroat manner. Still, even among the usual violations for the world’s largest beer company,is nothing to sneeze at. That’s what AB InBev will be paying the TTB, as the result of an offer-in-compromise that will resolve the latest round of alleged trade practice violations.

— AB InBev was accused of providing free “fixtures, equipment and services,” including draft beer dispensing systems, on the grounds that the concessionaires exclusively purchase AB InBev products. It should be noted that even a $5 million fine, and AB InBev’s promise that new “strategic training initiatives” are in place, will be unlikely to prevent more instances of these practices occurring in the future. Being a global megalith, one can assume that the company simply operates with the knowledge that occasional large-scale fines and OIC agreements are part of its business model.

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