miércoles, febrero 10, 2016

Syngenta Megamerger Must Be Blocked, by Wenonah Hauter


The proposed takeover of Swiss agrochemical company Syngenta by China National Chemical Corporation would accelerate the hyper-consolidation in the global seed and agrochemical market.
The move by the state-owned ChemChina comes on the heels of last year’s announced megamerger between DuPont and Dow Chemical—a deal that would leave only three firms controlling more than three-quarters of the corn and 80 percent of the soybean seeds in America. Today’s deal dwarfs the takeover of formerly U.S.-owned Smithfield by WH Group in 2013. The Department of Justice and antitrust authorities of governments across the world must act to block these seed megamergers.

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