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29.03.2017 |

EU clears DuPont-Dow merger, despite concerns raised by civil society

Letter against mega mergers of agricultural giants (Photo: CC0)

The European Commission has approved a merger between agribusiness giants Dow Chemical and Du Pont, despite warnings of civil society organisations that this would be a threat to farmers, consumers, the environment, and food security. On Monday, the EU regulators gave green light for the $130bn mega-merger, the first in a new round of agribusiness takeovers which also includes the planned mergers between Syngenta and ChemChina as well as Monsanto and Bayer. The Commission cleared the deal on the condition that DuPont will sell off large parts of its global pesticides business. [+] more ...

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