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A comment on Bayer confirms $66bn Monsanto takeover. Parent comment

Re:Bayer confirms $66bn Monsanto takeover by maxerickson on Wednesday September 14, 2016 @09:03AM (#12496400)
The article says The tie-up, which will give the new company control of more than 25% of the world's supply of seeds and pesticides, comes amid a wave of mergers in the agriculture sector.

I'm skeptical that there is any particular public benefit to allowing the merger, but it seems a bit exaggerated to talk about the new entity owning the market.

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Re:Bayer confirms $66bn Monsanto takeover by a_bonobo on Wednesday September 14, 2016 @09:32AM (#12496658)
Bayer CropScience is very small, just 2% of the global market, so them merging with Monsanto isn't really a massive game changer, which runs 23% [1]. I don't think it's going to shake up the market very much, could be that they even lose market share when the merged company consolidates its offerings. For example, Bayer's Liberty Link cotton is used when the local pests have become resistant to Monsanto's Glyphosate/Bt cotton, at some point Glyphosate/Bt sales will go down.

In other news, Syngenta (9% of seed market) was recently acquired by ChemChina but that deal is waiting for European authorities.

[1] Biased source: www.gmwatch.org/gm-firms/10558-the-worlds-top-ten-seed-companies-who-owns-nature

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