Elizabeth Warren slams big agriculture, unveils plan for breaking up 'anti-competitive mergers'
Democratic presidential candidate Sen. Elizabeth Warren of Massachusetts on Wednesday took aim at big agriculture and called for a break up of some recent industry mergers, charging"consolidation is choking family farms."
Warren also criticized the Dow-Dupont and Syngenta-ChemChina deals, which involve mergers of companies supplying seeds and other products to farmers. She said industry consolidation and expansions of agribusiness giants have resulted companies having"immense market power."Warren added,"My team will be committed to breaking up big agribusiness that have become vertically integrated and that control more and more of the market.
The Democrat said family farmers last year received"less than 15 cents" for every dollar Americans spent on food, making it the lowest amount since the government started tracking the data in 1993.
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