Competition Commission of India okays Bayer-Monsanto merger but with riders

The merged Bayer-Monsanto entity in India will need to give non-exclusive licensing of its genetically modified (GM) and non-GM traits, currently commercialised in India or to be introduced in the near future on a fair, reasonable and non-discriminatory basis, the Competition Commission of India (CCI) has said.

Approving the merger of Bayer and Monsanto in India, the CCI released conditions attached with the approval.

It said the merged entity will follow a policy of non-exclusive licensing of non-selective herbicides or their active ingredient(s). 

It will be in the case of launch of new GM or non-GM traits in India that restrict agricultural producers,