Farmers must have choice post Bayer-Monsanto merger – EU’s Vestager

Industry:    2016-09-16

The European Union antitrust chief Margrethe Vestager said on Thursday that farmers must continue to have a choice when buying seeds and pesticides after the merger between Bayer and Monsanto.

The German drug and crop chemical maker on Wednesday clinched a $66 billion takeover of U.S. seeds company Monsanto.

Vestager added that the agriculture market was already very concentrated with a small number of global players dominating the industry. (Reporting by Mathieu Rosemain; Writing by Bate Felix; Editing by Richard Lough).

 


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