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PatSeg

(47,547 posts)
Thu Aug 4, 2016, 06:58 PM Aug 2016

Bayer-Monsanto Merger Is 'Five-Alarm Threat' to Food and Farms

August 3, 2016

A new legal opinion penned by two former Justice Department officials bolsters warnings that the proposed merger between agroindustrial giants Bayer and Monsanto "is a five-alarm threat to our food supply and to farmers around the world."



Bayers proposed takeover would.....Likely lead to higher input prices, less choice and higher food prices for consumers, including fewer non-biotechnology options available to farmers and consumers.



"This new mega corporation would be the world's biggest seed maker and pesticide company," she (Anne Isakowitsch) said, "defying important antitrust protections, giving it unacceptable control over critical aspects of our food supply—undermining consumer choice and the freedom and stability of farmers worldwide."



"The shocking consolidation in the biotech seed and agrochemical industry turns over the food system to a cabal of chemical companies that would make it even harder for farmers, consumers and communities to build a vibrant, sustainable food system," she said at the time.


http://www.commondreams.org/news/2016/08/03/bayer-monsanto-merger-five-alarm-threat-food-and-farms-legal-experts
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