FDBusiness.com

In-depth Investigation into Proposed Merger Between Dow and DuPont

 Breaking News

In-depth Investigation into Proposed Merger Between Dow and DuPont

In-depth Investigation into Proposed Merger Between Dow and DuPont
August 16
09:00 2016

The European Commission has opened an in-depth probe to assess whether the proposed merger of Dow and DuPont is in line with the EU Merger Regulation. The Commission will investigate further whether the deal may reduce competition in areas such as crop protection, seeds and certain petrochemicals.

The proposed merger between Dow and DuPont, both of the US, would create the world’s largest integrated crop protection and seeds company. It would also create a leading integrated producer of certain petrochemical products that are widely used in packaging and adhesive applications.

Commissioner Margrethe Vestager, in charge of competition policy, says: “The livelihood of farmers depends on access to seeds and crop protection at competitive prices. We need to make sure that the proposed merger does not lead to higher prices or less innovation for these products.”

 


Warning: count(): Parameter must be an array or an object that implements Countable in /home/fdbusiness/public_html/wp-content/themes/legatus-theme/includes/single/post-tags.php on line 5
Share

About Author

mike

mike

Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

[eventlist]

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements