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Silver linings and steep fears over Monsanto-Bayer merger

By Denis Calnan      

Takeover could improve reputation of bio-tech companies in the agri-food industry, but could also shift costs to farmers and leave powerful intellectual property in the hands of few big businesses, experts say.

“I think its actually better for the entire industry to move forward on this deal. It would allow the industry to change its image a little bit,” said Prof. Charlebois, referring to the poor reputation Monsanto has for its role in Genetically Modified Organisms in the agriculture sector. Photograph courtesy of Waywuwei, Wikimedia Commons

The creation of a monolithic biotech company with the merger of Monsanto and Bayer could allow the industry to reinvent its negative image, but some say it is another step towards leaving bio-tech and genetics intellectual property in too few private hands, and could lead to higher input costs for farmers, say Canadian industry reps. The massive takeover is also just one of more mega-mergers on the horizon. On the Canadian side, “the biggest concern would be around

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