Guinness Brewery in the United Kingdom was given the right to produce and market Budweiser beer by Anheuser-Busch,its U.

Question

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Guinness Brewery was given the right to produce and market Budweiser beer by Anheuser-Busch through a licensing agreement, which allows Anheuser-Busch to give permission to another company (in this case, Guinness Brewery) to use its intellectual property, such as its brand name and recipe, in exchange for fees or royalties.

Guinness Brewery in the United Kingdom Was Given the Right