Agriculture executives defend merger ‘tsunami’
"Concerns have been raised about the loss of head-to-head competition of these transactions, and whether they will reduce incentives to invest in research and development," said Chuck Grassley, an Iowa Republican and chair of the U.S. Senate Judiciary Committee. "Concerns have been raised whether these transactions will result in foreclosure of market access by competing seed companies to traits and germplasm, and whether they will enhance these companies to engage in exclusionary conduct." Read More