Harvest of Greed – The Merger of Bayer and Monsanto

June 5th, 2018

By Dr. Joseph Mercola

Contributing writer for Wake Up World

The Bayer-Monsanto entity is now the largest seed and pesticide company in the world, controlling more than 25 percent of the global seed and pesticide supply. Farmers are concerned about what the merger might do to prices and quality — since less competition inevitably tends to lead to price hikes while reducing incentive for innovation — the merger will also give the subsequent entity even more power to pressure and manipulate governments into accepting the unacceptable risks posed by GMOs and toxic pesticides.

The featured documentary at the end of this article, “Harvest of Greed” investigates a number of the many issues brought about by the merger of Monsanto and Bayer AG. The merger was initially announced in May 2016, when Monsanto accepted Bayer’s $66 billion takeover offer — the largest all-cash buyout on record.1,2,3

The U.S. Department of Justice (DOJ) approved the merger in April this year,4 following the European Union’s (EU) approval in March. As a condition of the DOJ’s approval, Bayer will sell some of its assets to BASF — its German competitor — before the finalization of the merger.

This includes its soybean, cottonseed and glufosinate weed killer businesses, which overlap with Monsanto’s and were antitrust sticking points. Combined, Bayer and Monsanto used to control nearly 60 percent of the American cottonseed market. Monsanto also owns the rights to 80 percent of corn and 90 percent of soybeans grown in the U.S.5 The EU also demanded Bayer eliminate about $7.4 billion-worth of its various firms “to ensure fair competition.”6

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