|Global polluters blessed by the EU Commission|
Dow Chemical and DuPont, two of the oldest US companies, announced their tie-up in December 2015 to create the world’s biggest chemicals and materials group.
“Due to significant commitments on products and the worldwide research and development organization, the merger of Dow and Dupont can be approved,” EU Competition Commissioner Margrethe Vestager said.
The European Commission had been concerned that the merger of two of the biggest and oldest US chemical producers would have few incentives to produce new herbicides and pesticides in the future.
By approving this merger, however, it will not escape some that this approval shows once again the servitude of the EU Commission to US business interests. Even to those who are among the major global polluters and environmentally abusive corporations.