BRIEF-Russian watchdog says Bayer-Monsanto deal poses risks to competition
Story Date: 11/10/2017

 

Source: REUTERS, 11/9/17

Russia’s Federal Anti-Monopoly Service (FAS) says:

* Bayer’s planned takeover of U.S. seed maker Monsanto could create significant risks to competition on the Russian market; 

* The deal is likely to result in the bigger company sharply strengthening its position on the Russian market and becoming dominant, which will create high entry barriers for other companies;

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