April 09, 2018
Moments ago, the Wall Street Journal reported that the US Justice Department announced that it would allow Bayer’s acquisition of Monsanto to move forward. In reaction to the announcement, Anne Isakowitsch, Campaign Manager for SumOfUs, issued the following statement:
“The Justice Department’s reported decision allowing the Bayer-Monsanto merger to move forward is deeply disappointing and a sign that regulators prioritized the interest of corporate lobbyists over the wishes of hundreds of thousands of people in the United States and around the world.
“This merger is a dangerous consolidation of corporate power and massive threat to food supplies and farmers around the world. A merged Bayer-Monsanto will be relentless in its pursuit and prioritization of corporate profits over the protection of small farms— eventually driving up prices for consumers.
“Farming families and communities across the US will carry the burden of this giant merger.”
More than 721,700 SumOfUs members around the world signed a petition opposing the merger of Monsanto and Bayer.
View the petition here: https://actions.sumofus.org/a/stop-the-monsanto-bayer-mega-merger-nightmare