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"Bayer-Monsanto must not hurt competition in digital farming"

Bayer needs to ensure that a merger with rival Monsanto does not stifle competition in digital farming, the European Union’s Competition Commissioner Margrethe Verstager told a German newspaper on Saturday.

“Digitalisation is radically changing farming. We need to beware that through the merger, competition in the area of digital farming and research is not impaired,” Verstager told Germany’s Rheinische Post.

“It is our task to ensure that farmers still have a choice over seeds, pesticides, fungicides and insecticides even after the merger,” Verstager told the paper, adding that the Commission plans to publish its antitrust verdict by April 5.

Read more at Reuters

Publication date: 2/13/2018

 


 

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