Statement of Food & Water Watch Executive Director Wenonah Hauter
"A Bayer takeover of Monsanto would only be the latest in a string of high-profile seed and agrochemical mergers that are undermining the economic viability of family farms. Unchecked food and agribusiness monopolies pay farmers less, charge consumers more and reduce everyone’s choices. The Department of Justice must block deals like the proposed ChemChina-Syngenta and Dow-DuPont mergers that already threaten to hyper-consolidate the biotech seed industry. Doing so would also send a message that mega-mergers like the rumored Bayer-Monsanto deal will not be rubber stamped. The shocking consolidation in the biotech seed and agrochemical industry turns over the food system to a cabal of chemical companies that would make it even harder for farmers, consumers and communities to build a vibrant, sustainable food system.”
Food & Water Watch champions healthy food and clean water for all. We stand up to corporations that put profits before people, and advocate for a democracy that improves people’s lives and protects our environment.
Contact: Kate Fried, Food & Water Watch, (202) 683-4905, [email protected]