Quantcast

Daily Traders Edge

EU to study impact of Bayer-Monsanto deal

September 15
17:00 2016

European Competition Commissioner Margrethe Vestager said the EU needed to ensure that Bayer's takeover of Monsanto, which needs regulators' approval, would not create a monopoly that could hurt farmers and consumersThe EU is to examine the impact that German chemicals giant Bayer's $66-billion plan to buy US seeds firm Monsanto would have on the European market, officials said Thursday. European Competition Commissioner Margrethe Vestager said the EU needed to ensure that the huge tie-up, which needs regulators' approval, would not create a monopoly that could hurt farmers and consumers.


Related Articles

Newsletter Signup

Sign up for our free newsletter