EU pauses inquiry into Monsanto-Bayer mega-merger

EU – The EU said on October 5 that it had “stopped the clock” on its probe into German chemical firm Bayer’s proposed mega-takeover of US agri-giant Monsanto while it waits for the companies to provide information. Brussels launched an in-depth investigation in August into the €56-billion deal, which would create the world’s largest integrated pesticides and seeds company. The European Commission, which serves as the powerful anti-trust regulator for the 28-nation European Union, cited concerns it could reduce competition in key products for farmers. It was originally due to…

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