Seed and Agrochemical Mergers and Acquisitions
A Response to Emerging Fourth Industrial Revolution
Congress has begun to focus on recent mergers and acquisitions in the seed and agrochemical industry. This industry provides inputs to farmers for growing crops.
There are six companies involved in the research and development, manufacturing, and distribution of agrochemicals and biotech seeds, namely Bayer, BASF, Dow, DuPont, Monsanto and Syngenta. All compete with one another for market share while simultaneously working with each other through cross licensing agreements. Cross licensing agreements between companies result in the companies trading technologies and products under certain conditions that typically render enhanced choices of products for farmers and facilitates innovation.…
