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For Immediate Release

Contact

Erin Jensen, (202) 222-0722, ejensen@foe.org

Press Release

DOJ Approves Bayer-Monsanto Mega Merger Despite Significant Concerns from Farmers, Consumers, Environmentalists

Department of Justice ignores 1 million people who spoke out against merger.
WASHINGTON -

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 (link) 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 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.

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Friends of the Earth fights for a more healthy and just world. Together we speak truth to power and expose those who endanger the health of people and the planet for corporate profit. We organize to build long-term political power and campaign to change the rules of our economic and political systems that create injustice and destroy nature.

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