Canada's Competition Bureau has expressed significant concerns regarding the proposed merger between U.S. grains merchant Bunge and Viterra, citing major competition issues that could arise from the deal. The bureau highlighted that the merger could lead to substantial anti-competitive effects within the country's agricultural markets. This stance aligns with earlier opinions that anticipated regulatory challenges due to potential market consolidation.
Bunge deal for Viterra raises red flags, Competition Bureau says https://t.co/eipEnFTHie https://t.co/0VvgZKVJb3
Bunge-Viterra agriculture merger runs into #Canada competition concerns https://t.co/rhKyexlm0L
Canada’s antitrust watchdog raised concerns about Bunge’s proposed acquisition of Viterra, saying it will have “substantial anti-competitive effects” on the country’s agricultural markets. https://t.co/b6TD5gM5zL
Canada anti-trust agency says the Bunge-Viterra merger will cause “substantial anti-competitive effects” Statement: https://t.co/Nb6YPRPp3u I flagged similar views in this @Opinion column last year: “It's a consolidation that should concern antitrust regulators — and worry…
⚠️ CANADIAN COMPETITION BUREAU HAS MAJOR CONCERNS ABOUT PROPOSED BUNGE-VITERRA MERGER Full Story → https://t.co/uGRk2xX480 Canada's Competition Bureau on Tuesday said it had identified major competition concerns around the proposed merger between U.S. grains merchant Bunge… https://t.co/7dZjlIFn56