Concerns include reduced competition that could lead to higher prices, innovation decline, and barriers to entry for other firms.
If the planned mergers go through, just three firms would control more than 65 per cent of the global agro-chemical market, and more than 60 per cent of the global seed market, writes Jennifer Clapp. Photograph courtesy of Ryan Cheney
A series of mega-mergers among global seed and agricultural chemical companies is threatening to consolidate the sector and curtail competition.
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'Different leadership could have decided that ‘no, we won’t collaborate with you, because we don’t have to under the legislation,’ says Parliamentary Budget Officer Yves Giroux. 'We want legislation to be clarified.'