Syngenta Megamerger Must Be Blocked, by Wenonah Hauter

TO READ THE FULL ARTICLE:
http://ecowatch.com/2016/02/03/syngenta-merger/

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.