DOJ Approves Bayer-Monsanto Mega Merger Despite Significant Concerns from Farmers, Consumers, EnvironmentalistsDepartment of Justice ignores 1 million people who spoke out against merger
WASHINGTON, D.C. – The Department of Justice has chosen to green light the Bayer-Monsanto merger despite widespread opposition from farmers and other stakeholders across the country. The news comes after the delivery of more than 1 million public comments opposing the merger. A recent survey of farmers found that 93% of farmers are against the merger. After the merger, only four companies will control the vast majority of seeds and agrochemicals, threatening farmers, consumers and the environment.
Jason Davidson, Food and Technology Campaign Associate with Friends of the Earth, issued the following statement in response:
The Department of Justice has decided that corporate profits matter more than the interests of consumers and farmers. This decision will massively increase the power of major agrichemical companies that already have a stranglehold on our food system.
American farmers will see increased seed prices, fewer options, and decreased bargaining power. This merger from hell will further entrench the failing model of toxic, chemical intensive agriculture, which is poisoning people and the planet.
Communications Contact: Erin Jensen, (202) 222-0722, [email protected]