U.S. lawmakers say they plan to hold a hearing to examine a wave of mergers that could reshape the $100 billion global market for seeds and pesticides. Sen. Charles Grassley (R., Iowa), chairman of the Senate Judiciary Committee, said multibillion-dollar deals between some of the agriculture sector’s biggest players could reduce competition and lead to higher prices for farmers at a time when farm income is projected to hit its...
Source: Wall Street Journal August 23, 2016 14:48 UTC