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Parliamentary questions
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23 February 2018
Question for written answer E-001137-18
to the Commission
Rule 130
Jérôme Lavrilleux (PPE)

 Subject:  Bayer's acquisition of Monsanto and compliance with competition rules
 Answer in writing 

Bayer’s acquisition of Monsanto, which was announced in 2016, has given rise to concerns, primarily in the Commission, about the risks which might ensue as a result of the lessening of competition, to the detriment of farmers.

The Commission therefore launched an enquiry last August into the EUR 56 billion acquisition and asked Bayer for further concessions following the first sale last October of agrochemical activities to its rival BASF to the value of nearly EUR 6 billion.

On 5 February, Bayer announced that it had presented new ‘significant concessions’ to the Commission. According to press reports, one of the proposals made by Bayer was that it would divest its vegetable seed business, the sale of which would be completed as one unit.

Can the Commission say whether the concessions submitted to it by Bayer will enable the acquisition of Monsanto to be authorised?

Will it be possible for the cut-off date of 5 April (which has already been pushed back a month), when the Commission must decide on the procedure, to be adhered to?

Original language of question: FR 
Last updated: 7 March 2018Legal notice