A PYMNTS Company

US: Senate to hold Dow-DuPont merger hearings

By  |  August 24, 2016

The US Senate Judiciary Committee will hold hearings in late September on consolidation in the agriculture industry, including the proposed merger between DuPont and The Dow Chemical.

Sen. Chuck Grassley, an Iowa Republican and chair of the Senate Judiciary Committee, announced the hearings in a statement.

“The seed and chemical industries are critical to agriculture and the nation’s economy and Iowans are concerned that this sudden consolidation in the industry could cause rising input costs in an already declining agriculture economy,” Grassley said.

A date has not been finalized, but Grassley’s office said the hearings will take place sometime in late September.

Antitrust experts, consumers and companies involved in some of the proposed mergers will be called to testify.

Full Content: Delaware Online

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.