EU To Probe Dow Chemical, DuPont Merger: Statement
Mohammad Ali (@ChaudhryMAli88) Published August 11, 2016 | 10:31 PM
BRUSSELS, (APP - UrduPoint / Pakistan Point News - 11th August, 2016) - The EU on Thursday launched a probe into the merger of US agri-chemicals giants Dow Chemical and DuPont to see if one of the world's largest tie-ups will reduce competition and harm customers.
"The livelihood of farmers depends on access to seeds and crop protection at competitive prices.
We need to make sure that the proposed merger does not lead to higher prices or less innovation for these products," EU Competition Commissioner Margrethe Vestager said in a statement.
Recent Stories
HEC reviews curricula for environmental sciences degree programme
4 hours ago
ICC Asia looking forward to an action-packed Asia Cricket Week
5 hours ago
Yuvraj Singh named ICC Men’s T20 World Cup 2024 Ambassador
5 hours ago
Greece hands Olympic flame to 2024 Paris Games hosts
5 hours ago
Two Kyiv hospitals evacuating over feared Russian strikes
5 hours ago
World must act on neurotech revolution, say experts
5 hours ago
Charles & Catherine's cancer diagnoses
5 hours ago
Champions Alcaraz and Sabalenka through in Madrid Open
5 hours ago
King Charles to resume some public duties during cancer treatment: palace
5 hours ago
US defense chief announces $6 bn in security aid for Ukraine
5 hours ago
Heavy rains cause damage to Spezand-Taftan railway track
5 hours ago
Woman stabbed in Israel, attacker killed: police
5 hours ago