Justice Dept. OKs beer merger with hiccup

? The Justice Department approved a $52 billion beer buzz Friday, allowing Belgian-based InBev SA to buy out Anheuser-Busch and create the world’s largest brewer.

But InBev’s buzz comes with a slight hiccup: it must sell subsidiary Labatt USA before regulators let the merger go through.

That’s because Anheuser-Busch Cos. Inc. brews Budweiser and Bud Light compete directly with Labatt Blue and Labatt Blue Light in upstate New York. Without the sell-off condition, the Justice Department said beer prices would increase in metropolitan Buffalo, Rochester, N.Y., and Syracuse, N.Y.

“This divestiture will ensure that consumers will continue to benefit from the significant competition between the merging companies in upstate New York,” Deputy Assistant Attorney General Deborah A. Garza said in a statement.