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Bunge-Viterra deal ‘effectively ends competition’ says NFU

Feds’ conditions not near enough to alleviate concerns

The National Farmers Union denounced the approval of the Bunge-Viterra merger in a statement released on Jan. 17. The NFU said the multi-billion dollar deal “effectively ends competition in Canada’s agricultural commodity sector,” as it creates the world’s largest agricultural commodity trader, and it will control 40 per cent of the Canadian grain market.




Bunge-Viterra deal highlights need for new approach to merger reviews

Bunge-Viterra deal highlights need for new approach to merger reviews

The size and scope of global firms renders competition oversight all but meaningless

If the acquisition is allowed, Bunge will become the world’s largest agricultural commodity trader. Selling off a few businesses in Eastern Europe will not stop it from using its massive footprint to influence markets, prices and production to advance its own interests at the expense of farmers, consumers and workers, no matter what country it operates in.