Christie Slams DeSantis' Bud Light Lawsuit: 'He Wants To Ride That Horse As Hard As He Possibly Can'
Portfolio Pulse from Anthony Noto
Former New Jersey Governor Chris Christie criticized Florida Governor Ron DeSantis' decision to pursue a lawsuit against Anheuser-Busch Inbev SA (NYSE:BUD), the parent company of Bud Light, over their advertising decisions. DeSantis blames Bud Light's hiring of transgender star Dylan Mulvaney for the company's poor sales. Christie argues that consumers have the power to decide what they buy and don't need the government to make these decisions for them. DeSantis' recent legal spats with Walt Disney Co. (NYSE:DIS) and Inbev have drawn criticism from fellow Republicans.
July 24, 2023 | 8:41 pm
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NEGATIVE IMPACT
Anheuser-Busch Inbev is facing a lawsuit from Florida Governor Ron DeSantis over Bud Light's advertising decisions. This could potentially lead to legal costs and reputational damage for the company.
The lawsuit from Governor DeSantis could lead to legal costs for Anheuser-Busch Inbev. Additionally, the negative publicity could potentially harm the company's reputation and affect its sales.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Walt Disney Co. has been involved in recent legal spats with Florida Governor Ron DeSantis. This could potentially lead to legal costs and reputational damage for the company.
The legal disputes with Governor DeSantis could lead to legal costs for Walt Disney Co. Additionally, the negative publicity could potentially harm the company's reputation and affect its sales.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60