Copyright © 2016 Business Insider Inc. Tous droits réservés. Evgeniy Kozarenko, CEO of the Dublin-based organic seed treatment company These fears are amplified by a growing concern that farming is on the cusp of a digital revolution that could allow the agribusiness to exert unprecedented control over farmers.
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“The merger will create the biggest platform of its kind ― and give Bayer-Monsanto a ‘first mover’ advantage similar to Facebook, in the way that it affects competitors,” said Mute Schimpf, a spokeswoman for Friends of the Earth Europe. Many companies are moving away from tweaking crops' DNA with GMOs and other crude methods of genetic modification in favor of more precise techniques It’s been about a week since Monsanto and Bayer confirmed their intention to say “I do”—ample time for media, lawmakers, consumer and farmer advocacy groups, and of course the happy couple themselves, to weigh in on the pros and cons. All rights reserved.The $66 billion deal, already approved by the European Union, will createthe world’s biggest pesticides and seeds monopoly.
Here's Why You Should Care.“Together they will influence markets all over the world on a scale we’ve never seen before.”Sign up for membership to become a founding member and help shape HuffPost's next chapterWe made it easy for you to exercise your right to vote!Part of HuffPost Impact. Jim Young/Reuters ""We're extremely proud of all we've accomplished as Monsanto and are eager to continue to accelerate innovation in agriculture as we look forward to a future under Bayer," Christi Dixon, Monsanto's public-relations lead, said in a statement to Business Insider.
Tap here to turn on desktop notifications to get the news sent straight to you.Monsanto And Bayer Are Set To Merge. The closing sets the … Opinion Opinion: The Bayer-Monsanto merger. “We will witness in our lifetimes the total disappearance of biodiversity from our farms, the disappearance of small farmers, and the end of real food and our food freedom,” groups representing farmers and conservation organizations wrote to the Justice Department predicting negative impacts on competition, farmers and consumers. BERLIN—Bayer AG fought hard to take over Monsanto Co. Today, the $63 billion gambit ranks as one of the worst corporate deals in recent memory—and is threatening the … German conglomerate Bayer on Thursday closed its $63 billion merger with Monsanto after getting the required nod from U.S. and EU regulators.. “Bayer’s acquisition by Monsanto has undergone a lengthy and robust regulatory review process by the relevant competition authorities,” he said. "Monsanto is also moving to invest more deeply in advanced tools for gene editing, a process that can be capitalized on for agricultural purposes to make cheaper but higher-quality produce. “The new platform allows Bayer-Monsanto to control how, where, when, and by whom food is produced. She added that the group was worried about potential impacts on farmers, ranchers and ultimately consumers in the form of higher food prices.“We think there is a responsibility for Congress to review some of the existing statutes governing whether those sorts of mergers have the ability to go through,” Tuma said.