They cover Bayer's global R&D organization for seeds and traits as well as Bayer's research activities to develop a challenger product to Monsanto's glyphosate. They also cover certain Monsanto assets, which in future would have competed with a Bayer seed treatment against nematode worms.
Finally, Bayer has committed to grant a license to its entire global digital agriculture product portfolio and pipeline products to ensure continued competition on this emerging market.
On this basis, the Commission concluded that the divestment package enables a suitable buyer to sustainably replace Bayer's competitive effect in these markets and continue to innovate, for the benefit of European farmers and consumers.
I will be writing more about this as I go to the great lengths of discussing it with Senators and their staffs.
The best and most thorough article on this ghastly subject is this one, and I refer to it humbly as well as to a few others:
European Commission Clears Bayer's Acquisition of Monsanto with Conditions
This merger is the third in the seeds and pesticides realm. The assessment of the merger between Bayer and Monsanto has been based on the market situation following the Dow/DuPont merger and the ChemChina/Syngenta merger, taking the remedies in both cases into account. When it comes to seeds and pesticides there are of course other vital concerns that go beyond competition policy, including consumer protection, food safety and ensuring the highest standards for the environment and the climate. The strict national and European regulatory standards on these matters will remain just as strict after this merger as before it and continue to apply (see further below).
Posted on Facebook by Heather Callahan in Take Charge - Vaccines, GMOs, and Big Pharma, a group well worth your joining!
A great book on related subjects: Altered Genes, Twisted Truth: How the Venture to Genetically Engineer Our Food Has Subverted Science, Corrupted Government, and Systematically Deceived the Public
Bayer Clears EU Hurdle for Monsanto Deal With Sale to BASF
Ecowatch's take on these developments: EU Approves Controversial Bayer-Monsanto Merger
https://www.ecowatch.com/bayer-monsanto-merger-2550813842.html
Some more ideas on how to stop this: EU: Stop Monsanto's marriage made in hell
https://secure.avaaz.org/en/monsanto_merger_eu/
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