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The original Anheuser-Busch InBev (AB InBev) was formed through successive mergers of three international brewing groups: Interbrew from Belgium, AmBev from Brazil and Anheuser-Busch. Hence, since 2008, Anheuser-Busch has been a division of Anheuser-Busch InBev SA/NV, now the world's largest brewing company.

The company employs over 30,000 people, operates 12 breweries in the United States and until December 2009, was one of the largest theme park operators in the United States, with ten theme parks through the company's family entertainment division, Busch Entertainment Corporation. Anheuser-Busch InBev is the largest beer producer in the world.

Anheuser–Busch has been involved in a trademark dispute with European beer companies, in particular the Budweiser Budvar Brewery of České Budějovice, Czech Republic, over the trademark rights to the name "Budweiser". Beer has been brewed in České Budějovice (known as Budweis in German) since it was founded by King Ottokar II of Bohemia in 1245. The name Budweiser is a derivative adjective, meaning "of Budweis". In 1876, Adolphus Busch and his friend Carl Conrad, a liquor importer, developed a "Bohemian-style" lager in the United States, inspired after a trip to the region.

In the European Union, excluding the United Kingdom, Republic of Ireland, Finland and Spain, the American beer is marketed as Bud, as the Budweiser trademark name is owned solely by the Czech beer maker, Budweiser Budvar.

In 2008, Anheuser-Busch had a market share in the United States of 50.9% for all beers sold. Budweiser brands account for about half of Anheuser-Busch's sales volume, a figure which has been steadily declining at 1½-2% per year.

Budweiser: is an American-style pale lager produced by Anheuser-Busch, currently part of the transnational corporation Anheuser-Busch InBev. Introduced in 1876 by Carl Conrad & Co. of St. Louis, Missouri, it has grown to become one of the largest selling beers in the United States, and is available in over 80 markets worldwide though, due to a trademark dispute, not necessarily under the Budweiser name. It is made with up to 30% rice in addition to hops and barley malt. Produced in various breweries around the world, Budweiser is a filtered beer available in draft and packaged forms.