Agriculture Group Opposes Dow-DuPont Merger
The Dow-DuPont merger is being challenged by three agricultural advocacy groups over potential anti-trust violations.
The American Antitrust Institute, Food and Water Watch and the National Farmers Union sent a letter to the U.S Attorney General’s Office.
The Wilmington News Journal reports that they say that the merger would result in a consolidation of any already shrinking industry.
They argued that it could result in higher prices and a reduction in choices for farmers and consumers.
A DuPont spokesman told the paper that the company believes the deal will be “pro-competitive and good for farmers and consumers.”
In addition, he said the company was confident that the federal authorities would fully review the deal…given its size and complexity.