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Mergers in Seeds and Agricultural Chemicals: What Happened?

Author

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  • MacDonald, James M.

Abstract

Six large firms dominated the sale of seeds and agricultural chemicals in 2015 in the United States and around the world: BASF, Bayer, Dow Chemical, DuPont, Monsanto, and Syngenta. The “Big Six” produced and sold crop-protection products such as pesticides, herbicides, and seed treatments. Each firm supported its products with major investments in research and development, leading to improvements that have been an important source of growth in agricultural productivity. In 2015 and 2016, three mergers were announced, encompassing five of the six firms. These mergers led to extensive antitrust reviews by enforcement agencies in the U.S., the European Union, and other countries, with adjustments to the mergers before they were approved.

Suggested Citation

  • MacDonald, James M., 2019. "Mergers in Seeds and Agricultural Chemicals: What Happened?," Amber Waves:The Economics of Food, Farming, Natural Resources, and Rural America, United States Department of Agriculture, Economic Research Service, vol. 0(01), February.
  • Handle: RePEc:ags:uersaw:302679
    DOI: 10.22004/ag.econ.302679
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    Cited by:

    1. MacDonald, James M. & Dong, Xiao & Fuglie, Keith O., 2023. "Concentration and Competition in U.S. Agribusiness," Economic Information Bulletin 337566, United States Department of Agriculture, Economic Research Service.
    2. Jianxin Guo & Songqing Jin & Jichun Zhao & Yuhua Li, 2023. "E‐commerce and supply chain resilience during COVID‐19: Evidence from agricultural input e‐stores in China," Journal of Agricultural Economics, Wiley Blackwell, vol. 74(2), pages 369-393, June.
    3. Christopher B. Barrett, 2021. "Overcoming Global Food Security Challenges through Science and Solidarity," American Journal of Agricultural Economics, John Wiley & Sons, vol. 103(2), pages 422-447, March.
    4. Benjamin C. Anderson & Ian M. Sheldon, 2024. "R&D Concentration in Soybean and Cotton Markets," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 64(1), pages 93-115, February.

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