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'Merger From Hell' Reportedly Approved by DOJ, Pushing Agrichemical Chokehold on Food System
By Andrea Germanos
The reported approval from the Justice Department came "after the companies pledged to sell off additional assets," the Journal reported, and despite concerns raised by hundreds of food and farm groups. It also comes weeks after the European Commission gave its thumbs up.
"The approval of the third supersized seed merger, after ChemChina-Syngenta and Dow-DuPont," said Wenonah Hauter, executive director of Food & Water Watch, "leaves farmers vulnerable to price gouging for seeds and other supplies and strengthens the hold a few dominant corporations have over the entire food system."
"The Justice Department's rubber stamping of these three seed mega-mergers transforms the already concentrated agrichemical and seed market, effectively reducing the number of competitors from six to three," she added.
Because it will make it harder for farmers to acquire non-genetically modified seeds to plant, it "makes it harder for agriculture to get off the GMO-chemical treadmill that just keeps increasing in speed," she said.
With its reported stamp of approval, the pending merger shows that "the federal government is not taking the impact of corporate control of our food supply seriously. It's time for Congress to establish a moratorium on mega-mergers in the food system," Hauter argued.
Jason Davidson, food and technology campaign associate with Friends of the Earth, was equally critical in his reaction to the development.
"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," he declared in a statement.
He went on to lament that "American farmers will see increased seed prices, fewer options, and decreased bargaining power." Echoing Hauter's warning, he argued. "This merger from hell will further entrench the failing model of toxic, chemical intensive agriculture, which is poisoning people and the planet."
A recent poll found that nearly 94 percent of farmers expressed concern that a Bayer-Monsanto merger would have a negative impact on independent farmers and their communities. It also found that 89 percent of farmers said they believe the merger would lead to increased pressure for chemically-dependent farming.
Shares of Monsanto, meanwhile, jumped 6.6 percent following the Journal's reporting on the $66 billion takeover by Bayer.
Reposted with permission from our media associate Common Dreams.
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Wolves and Jaguars Are Already Threatened by Border Razor Wire As Trump Vetoes Bid to Block Emergency Wall Funding
President Donald Trump issued the first veto of his presidency Friday, overturning Congress' vote to block his national emergency declaration to fund a border wall that environmental advocates say would put 93 endangered species at risk. However, the president's decision came the same day as an in-depth report from UPI revealing how razor wire placed at the border in the last four months already threatens wildlife.
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By Joe Sandler Clarke
"Don't expect us to continue buying European products," Malaysia's former plantations minister Mah Siew Keong told reporters in January last year. His comments came just after he had accused the EU of "practising a form of crop apartheid."
A few months later Luhut Pandjaitan, an Indonesian government minister close to President Joko 'Jokowi' Widodo, warned his country would retaliate if it was "cornered" by the EU.
By Luis Torres
For some people who live along the U.S.-Mexico border, President Trump's attempt to declare a national emergency and extend the border wall is worse than a wasteful, unconstitutional stunt. It's an attack on their way of life that threatens to desecrate their loved ones' graves.
At least 150 people have died in a cyclone that devastated parts of Mozambique, Zimbabwe and Malawi over the weekend, The Associated Press reported Sunday. Cyclone Idai has affected more than 1.5 million people since it hit Mozambique's port city of Beira late Thursday, then traveled west to Zimbabwe and Malawi. Hundreds are still missing and tens of thousands are without access to roads or telephones.
"I think this is the biggest natural disaster Mozambique has ever faced. Everything is destroyed. Our priority now is to save human lives," Mozambique's Environment Minister Celso Correia said, as AFP reported.