Bayer opposes black economic empowerment in purchase of Monsanto

Blog

Author: Stephen Greenberg, ACB Research Coordinator

The Competition Tribunal announced the finalisation of the merger between Bayer and Monsanto in South Africa in May. Bayer had taken the original conditions imposed by the Competition Commission in 2017 to the Tribunal for reassessment. These included selling businesses to black economic empowerment (BEE) compliant companies. Bayer has claimed confidentiality on the conditions, making it difficult for the public to see what was agreed.