Bayer owns the global food supply? Seed company mergers haven’t inflated prices, stifled innovation, study shows

•Detailed data show that concentration in seed markets varies strongly across crops and countries.
•There is no clear evidence of harmful effects of concentration on prices or on innovation.
•Because of divestitures, recent mergers did not lead to large increases in market concentration.

An innovative seed industry is essential for sustainable growth in crop yields. However, recent mergers and takeovers in the global seed industry have attracted much debate in terms of their potential to stifle competition and innovation. A recent OECD study has collected new detailed information on the degree of concentration in markets for seed across a broad range of crops and countries. These data allow a more informed debate on the extent, causes, and potential effects of market concentration. The data indicate important differences across crops and countries in the level of concentration, but show no systemic evidence for harmful effects on prices or innovation.

Related article:  11 GMO, gene-edited animals and plants that will help us battle hunger and disease

Read full, original article: New evidence on concentration in seed markets (Behind Paywall)

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