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Lazaro Gamio / Axios

Earlier this week, the United Kingdom's Society of Independent Brewers hit back at the purchase of independent craft brewery London Fields by the Carlsberg Group, one of the world's largest brewing companies:

"[These buyouts] are made in the hope of capturing the original customers and target market of an established, previously independent craft beer brewery…Consumers deserve to know that what they are buying is a genuine craft-brewed beer as research clearly shows that most beer drinkers believe craft beer to be produced by relatively small, independent brewers."

Their request: That beers produced by truly independent breweries in the U.K. be granted a special seal so consumers know that they're not drinking "craft beer" that's actually produced by an international conglomerate.

Why it matters: It's a trend that's been happening on American shores, too, with a rash of craft beer buyouts in the U.S. — including massive purchases of some ubiquitous, popular craft brands to overseas companies. And, just like in the U.K., it's not immediately clear to the consumer where their dollars are going.

The rationale: An independent brewer selling to a global brewer isn't necessarily a bad thing — often, the same brewers remain in control of their product and get granted access to a conglomerate's massive production and distribution capability. That's often an easier move than soliciting outside investments to internally build out those capabilities. But it's still intensely controversial in the craft beer world where the global brewers are seen as an impediment to camaraderie and innovation.

The numbers: Though it seems like craft beer is everywhere these days, all craft breweries combined only make up 11% of the market share in the U.S., according to MarketWatch. AB InBev (the maker of Budweiser) holds 45% of the U.S. market while MillerCoors has 26%. And while import-focused companies like Constellation Brands and Heineken USA hold comparatively small 7% and 4% shares respectively, their Corona and Heineken brands are two of the most popular beers in the country.

Keep track: The world's biggest breweries have been acquiring craft breweries at a breakneck pace, a trend that started with AB InBev's 2011 acquisition of Goose Island. And Constellation Brands' 2015 purchase of Ballast Point for a staggering $1 billion led some to question if there might be a craft beer bubble.

So is your favorite craft brew actually owned by a big company? Find out:

AB InBev

  • Goose Island Brewery, Chicago, IL (2011, $38.8 million)
  • 10 Barrel Brewing, Portland, OR (2014, estimated $50 million)
  • Blue Point Brewing Company, Patchogue, NY (2014, $24 million)
  • Elysian Brewing Company, Seattle, WA (2015, estimated $60 million)
  • Breckenridge Brewery, Denver, CO (2015, estimated $70 million)
  • Golden Road Brewing, Los Angeles, CA (2015, undisclosed)
  • Four Peaks Brewing, Tempe, AZ (2015, undisclosed)
  • Devils Backbone Brewing Co., Roseland, VA (2016, undisclosed)
  • Karbach Brewing Company, Houston, TX (2016, undisclosed)
  • Wicked Weed Brewing, Asheville, NC (2017, undisclosed)

MillerCoors

  • Saint Archer Brewing Co., San Diego, CA (2015, estimated $35 million)
  • Terrapin Beer Co., Athens, GA (2016, majority share, undisclosed)
  • Hop Valley Brewing Co., Eugene, OR (2016, majority share, undisclosed)
  • Revolver Brewing, Granbury, TX (2016, majority share, undisclosed)
  • Worth noting: MillerCoors also brews Blue Moon and Leinenkugel's in-house, two brands that are marketed as craft beers — but very much aren't.

Constellation Brands

  • Ballast Point Brewing Company, San Diego, CA (2015, $1 billion)

Heineken USA

  • Lagunitas Brewing Company, Petaluma, CA (2015, majority share, estimated $500 million; 2017, remainder purchased, undisclosed)

Go deeper

Several states declare emergency over Colonial Pipeline shutdown

A sign warns consumers on the avaliability of gasoline at a RaceTrac gas station in Smyrna, Georgia, on May 11. The average national price of gasoline has risen to $2.985 a gallon, Bloomberg notes. Photo: Elijah Nouvelage/AFP via Getty Images

Reports of fuel shortages across the U.S. emerged on Tuesday as the national average for gasoline prices soared to its highest level since 2014 amid a key fuel pipeline shut down, per Bloomberg.

What's happening: Operator Colonial Pipeline aims to have service restored by the week's end following last Friday's ransomware attack that shut down some 5,500 miles of pipeline from Texas to New Jersey. The governors of Florida, Georgia, Virginia and North Carolina declared states of emergency Tuesday due to shortage concerns.

Reports: More than 100 Republicans threaten to form 3rd party over Trump

Former President Trump addressing the Conservative Political Action Conference in Orlando, Florida, in February. Photo: Joe Raedle/Getty Images

More than 100 Republicans will sign a letter Thursday threatening to create a third party if the GOP doesn't "break" with former President Trump, Reuters first reported.

Why it matters: Per Axios' Mike Allen and Jim VandeHei, Trump's grip on the GOP has gotten stronger since the Jan. 6 Capitol riot. The Republican Party's "allegiance to Trump" as he continues to make false claims about his 2020 election loss has "dismayed" the group, according to Reuters.

Updated 3 hours ago - World

In photos: Dozens dead as Israel and Hamas intensify aerial bombardments

People gather at the site of a collapsed building in the aftermath of Israeli air strikes on Gaza City on May 11. Photo: Mahmud Hams / AFP) (Photo by MAHMUD HAMS/AFP via Getty Images

At least 35 Palestinians and five Israelis have been killed as fighting between Israel's military and Hamas entered a third day, per Reuters.

The big picture: The worst aerial exchanges of fire between Israel and Hamas since 2014 come after escalating violence in Jerusalem that injured hundreds of Palestinians and several Israeli police officers during protests over the planned evictions of Palestinian families from their homes.