EU conditionally approves Dow–DuPont merger

The European commission has conditionally approved the mega-merger of Dow and DuPont, though DuPont has been told to sell off its pesticides business to avoid competition concerns.

The commission worried that the merger would reduce competition on price and choice for existing pesticides and retard innovation. Just three other companies are globally active throughout the entire R&D process, from discovery to sales – BASF, Bayer, Syngenta.