Former DOJ Officials Warn Against Bayer-Monsanto Merger
By John Kennedy (August 3, 2016, 9:40 PM EDT) -- Two former members of the U.S. Department of Justice's Antitrust Division urged their former employer to kill the proposed merger of Bayer and Monsanto, saying in a recently published legal opinion that the deal would violate federal antitrust law and a standing court order against Monsanto.
Maurice Stucke and Allen Grunes said that the merger would violate the Clayton Act, which was enacted to curb anticompetitive business practices, and would eliminate direct competition between Bayer and Monsanto, which are two of the largest players in the genetically engineered seed industry. The report was released by SumOfUs, a global consumer watchdog that is...
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