Agribusiness giants Bayer and Monsanto clear US regulatory hurdles for $US66b mega merger

18th June 2018

A multi-billion dollar merger between the agribusiness giants Bayer AG and Monsanto has been approved by the US Department of Justice.

It has been two years since the companies announced the $US66 billion ($88 billion) proposal, with the US anti-trust regulator’s approval the last major regulatory step the deal needed before being officially inked.

Both companies sell a range of crop protection products (pesticides) and crop seeds in Australia, while Bayer also manufactures plastics, medical and veterinary products.

Together the companies control around 80 per cent of the global vegetable seed market, with Australia holding around three per cent.

The original terms of the proposal would have created a monopoly in the US herbicide-resistant cotton and canola seed market, but on Tuesday night the US Justice Department said it had worked through those issues during its year-long investigation into the deal.

“The Department of Justice announced today that it is requiring Bayer AG to divest businesses and assets collectively worth approximately $9 billion in order to proceed with its proposed $66 billion acquisition of Monsanto Company,” it said in a statement.

It is the largest-ever divestiture ordered by the Department of Justice, and includes anything in Bayer’s suite of products that already competes directly with a Monsanto product, including canola, cotton, soybean and vegetable seeds, as well as Bayer’s herbicide business — a competitor of Monsanto’s glyphosate herbicide Roundup.

Bayer already announced it would sell many of these assets to BASF, a fellow German company, and the largest chemical company in the world.

There is also a requirement for divestitures in both companies’ seed treatment businesses to “remedy competitive harm” from the overlap.

“Without the agreed-to divestitures, the proposed merger would likely result in higher prices, lower quality, and fewer choices across a wide array of seed and crop protection products,” the Department of Justice’s statement said.

“The merger also threatened to stifle the innovation in agricultural technologies that has delivered significant benefits to American farmers and consumers.”

No local competition concern

Australian farmers rely on a wide range of products from both companies, especially broadacre, vegetable and cotton farmers.

Many of the seeds, seed treatment, and pesticide products they use are sold through one of the companies.

The Australian Competition and Consumer Commission said in March it would not oppose the merger because of the divestments ordered by European, Canadian and US competition regulators.

 

 

 

source/read more : http://www.abc.net.au/news/2018-05-30/bayer-monsanto-merger-gets-green-light-from-us-regulator/9814702

WikiLeaks Drops the Mother Lode With ‘Vault 7’

wikileaks

8th March 2017

WikiLeaks on Tuesday dumped a trove of documents and files hacked from the Central Intelligence Agency — the largerst ever published from within the U.S. spy agency.
The 8,761 documents code named “VAult 7” contain amazing things, such as the “weaponized exploits against a wide range of U.S. and European company products, include Apple’s iPhone, Google’s Android and Microsoft’s Windows and even Samsung TVs, which are turned into covert microphones.”
“The CIA had created, in effect, its ‘own NSA’ with even less accountability and without publicly answering the question as to whether such a massive budgetary spend on duplicating the capacities of a rival agency could be justified,” WikiLeaks said in its release.
The documents show that “a specialized unit in the CIA’s Mobile Development Branch produces malware to infest, control and exfiltrate data from iPhones and other Apple products running iOS, such as iPads.”
The CIA also runs “a very substantial effort to infect and control Microsoft Windows users with its malware.”
The documents also show that “in addition to its operations in Langley, Virginia, the CIA also uses the U.S. consulate in Frankfurt as a covert base for its hackers covering Europe, the Middle East and Africa.
“CIA hackers operating out of the Frankfurt consulate ( ‘Center for Cyber Intelligence Europe’ or CCIE) are given diplomatic (‘black’) passports and State Department cover. The instructions for incoming CIA hackers make Germany’s counter-intelligence efforts appear inconsequential: ‘Breeze through German Customs because you have your cover-for-action story down pat, and all they did was stamp your passport.’ “
“There is an extreme proliferation risk in the development of cyber ‘weapons’. Comparisons can be drawn between the uncontrolled proliferation of such ‘weapons’, which results from the inability to contain them combined with their high market value, and the global arms trade. But the significance of ‘Year Zero’ goes well beyond the choice between cyberwar and cyberpeace. The disclosure is also exceptional from a political, legal and forensic perspective,” said WikiLeaks editor Julian Assange.

 

 

source:http://www.dailywire.com/news/14173/wikileaks-drops-mother-lode-vault-7-joseph-curl?

Ron Paul: ‘Fake News Comes From our Own Government’

truth-is-tre

3rd Dec 2016

The mainstream media and politicians peddling the line that there is a network of “fake news” sites spreading Russian disinformation and propaganda is just scapegoating to divert attention from the far worse job they have done objectively reporting the truth, Ron Paul told RT yesterday. He added:

The fake news comes from our own government, when they tell us about why we have to go to war. …And that was probably the big issue of the campaign, and that’s why Trump did so well. [Americans have] lost confidence in the government.

 

 

 

 

source:http://www.thedailysheeple.com/ron-paul-fake-news-comes-from-our-own-government_122016

Snitch Alert: Brandon Darby Will Filming Protesters with Cassandra Fairbanks

darby-snitch

“If you know about someone planning violence at the RNC or DNC but are afraid to tell FBI, contact me. I’ll help. Bdarby@breitbart.com” ~ Brandon Darby June 27, 2016

SlutWithSnitch

 

Surveillance and infiltration by law enforcement, agents, and private contractors are par for the course during events like The RNC, so here’s a warning of two individuals who radicals, leftists, protesters, etc should stay far away from.

Read more …