Too much at stake for Canada to ignore agribusiness mega-mergers

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.
A series of mega-mergers among global seed and agricultural chemical companies is threatening to consolidate the sector and curtail competition. Bayer’s $62 billion offer to buy Monsanto in May was just the latest in a spate of deal-making among the major firms in the sector. In December last yea...

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