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German conglomerate Bayer on Thursday closed its $63 billion merger with Monsanto after getting the required nod from U.S. and EU regulators.
The closing sets the stage for the 117-year-old agribusiness brand name "Monsanto" to be dropped by Bayer. Monsanto's efforts to promote genetically modified crops have been the subject of much controversy from anti-GMO activists, and the U.S. company has spent millions of dollars over the years on brand and corporate ad campaigns to improve its overall image.
Resistance by the people living in the EU to GMOs and all that will be ignored by the EU because they have to support German business.
The principles of Capitalism are set to prevent Corporatocracy, these players are allowed to play by bent rules and are not being held accountable.
THAT failure would be by the unelected members of the three letter agencies who are aiding/controlling industry, depending on your perspective.
This is a fascist style approach with subjugation of the masses as a byproduct of eliminating the appearance of choices.
That goes hand in hand with the progressives agenda that run most of our elected members of the Uni-party pushing us toward communism.
originally posted by: LogicalGraphitti
Now that they're German, let's tariff the # out of 'em!
Edit to add: I'm not joking.
originally posted by: DJW001
a reply to: aliensanonymous
Monsanto has become a dirty word in Europe, thanks to their marketing practices feeding in to the fears of Neo-Luddites, a fear that RT has been encouraging for years. Monsanto is re-branding itself as a venerable European firm.
originally posted by: musicismagic
I never understood why a foreign company can buy out an American company. You can't do that even in China. The law allows only 42% ownership and remember in China a contract only means a "suggestion" of agreeable thoughts.
originally posted by: DJW001
People who are afraid of GMOs will not be forced to eat them. Remember, one of the things you Brits hate about the EU is all the labeling and strict quality control regulations. But, yes, it is a bit of corporate whitewash to open the European market.