Feb 6 (Reuters) - Major agriculture companies said on Thursday they would cooperate with a Canadian Competition Bureau antitrust probe sparked by allegations that certain businesses tried to block an online farm-supply startup from operating in Western Canada.
The Canadian regulator confirmed earlier Thursday an inquiry was underway, but did not cite the companies being investigated.
Court documents filed on Jan. 30 in Canadian federal court show Bayer AG, Corteva Inc and BASF were among those under scrutiny following a complaint from California-based online retailer Farmers Business Network Inc (FBN).
Farm-supply wholesalers, including Cargill Inc and Univar Solutions Inc are also being probed, the documents show, confirming an earlier Wall Street Journal report.
https://www.agriculture.com/markets/newswire/update-3-agriculture-companies-say-will-cooperate-in-canadian-antitrust-probe
Nothing will come of it, supply will remain in strong hands. You don't build a 100+ year legacy in control of the food supply without owning govt.
The Canadian regulator confirmed earlier Thursday an inquiry was underway, but did not cite the companies being investigated.
Court documents filed on Jan. 30 in Canadian federal court show Bayer AG, Corteva Inc and BASF were among those under scrutiny following a complaint from California-based online retailer Farmers Business Network Inc (FBN).
Farm-supply wholesalers, including Cargill Inc and Univar Solutions Inc are also being probed, the documents show, confirming an earlier Wall Street Journal report.
https://www.agriculture.com/markets/newswire/update-3-agriculture-companies-say-will-cooperate-in-canadian-antitrust-probe
Nothing will come of it, supply will remain in strong hands. You don't build a 100+ year legacy in control of the food supply without owning govt.
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