Skip to main content

Sign up for our newsletter.

Quality journalism. Progressive values. Direct to your inbox.

(Photo: Rainforest Action Network/flickr/cc)

Monsanto Takeover? Corporate Cabal's Control of Food Supply Continues

Mergers like Bayer's rumored takeover of Monsanto 'would make it even harder for farmers, consumers and communities to build a vibrant, sustainable food system'

Andrea Germanos

German chemical giants Bayer AG and BASF SE are both considering takeovers of U.S. seed behemoth Monsanto, according to news reports on Thursday.

Of the potential Bayer takeover of Monsanto, valued at roughly $40 billion, Bloomberg noted that it "would create the world’s largest supplier of seeds and farm chemicals."

As USA Today reported, "A bid for Monsanto would be just the most recent in a wave of chemical and agribusiness consolidation."

Indeed, in February China National Chemical Corp. (ChemChina) announced it would acquire Swiss pesticide company Syngenta for $43 billion, while DuPont and Dow Chemical announced their merger last year.

According to advocacy group Food & Water Watch, such consolidation has far-reaching impacts, and is bad news for farmers and communities.

"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," said Wenonah Hauter, the organization's executive director. "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," she argued. "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," Hauter said.

The potential merger, Bloomberg reports, "would face a global antitrust review."  The paper also quotes Erik Gordon, a professor at University of Michigan’s Ross School of Business, who said that it may be slowed down by regulators who "are faced not with a decision about a single deal, but rather with a decision about the structural concentration of the whole industry.”


Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.

We've had enough. The 1% own and operate the corporate media. They are doing everything they can to defend the status quo, squash dissent and protect the wealthy and the powerful. The Common Dreams media model is different. We cover the news that matters to the 99%. Our mission? To inform. To inspire. To ignite change for the common good. How? Nonprofit. Independent. Reader-supported. Free to read. Free to republish. Free to share. With no advertising. No paywalls. No selling of your data. Thousands of small donations fund our newsroom and allow us to continue publishing. Can you chip in? We can't do it without you. Thank you.

Citing Need for 'New, Inclusive Leadership,' Chuy García Files for Chicago Mayoral Race

"We have an opportunity to elect a trusted and experienced leader with a history of building coalitions and a vision for a brighter future for all Chicagoans," said the Democratic congressman.

Jessica Corbett ·


On Cyber Monday, Climate Activists Take Aim at Fashion Industry

"The fashion industry is one of the largest polluting industries globally. We can all do better, but it's on companies to make this industry better for workers, the planet, and consumers alike."

Jessica Corbett ·


Biden Accused of Selling Out Rail Workers by Urging Congress to Prevent Strike

"Biden is siding with corporate rail bosses over the rank-and-file workers who voted against this agreement," said one progressive commentator after the president urged lawmakers to take action to force through a deal without paid sick leave.

Brett Wilkins ·


Analysis Finds State Legislators Proposed 306 Bills Targeting Trans People in Past 2 Years

"Right-wing state lawmakers are obsessed with taking away the rights of trans people and we're obsessed with knocking them out of public office," said one rights group.

Julia Conley ·


Biden Mulls Sending Long-Range Missiles to Ukraine

While Ukrainians and supporters welcomed Boeing's proposal to arm Ukrainian forces with long-range precision-guided bombs, one anti-war voice accused the American military-industrial complex of "dictating the U.S. foreign policy and profiteering from wars."

Brett Wilkins ·

Common Dreams Logo