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BRUSSELS, Belgium—European Union regulators approved a joint venture Monday between Molson Coors Brewing Co. and SABMiller PLC that will market and distribute both companies’ beers in the United States.
EU approval comes after a preliminary EU probe found no competition concerns or any effects on either companies’ operations in the 27-nation bloc.
Molson Coors Brewing brews Coors Light and Blue Moon among other brands. SABMiller makes Miller Lite and other brews.
The two announced in October that they would form a joint venture called MillerCoors that would market and distribute their beers in the U.S. and Puerto Rico.
