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For Immediate Release
December, 11 2015, 11:30am EDT
Contact:
Sam Husseini, (202) 347-0020; or David Zupan, (541) 484-9167
Dow-DuPont Merger: Perpetuating GMOs, Squeezing Farmers and Consumers?
AP is reporting: "Dow Chemical and the DuPont Co. announced Friday that they are merging in a $130 billion chemical industry megadeal.
"The merger would combine two companies that sell agricultural products to millions of farmers around the world, and make a variety of chemicals for consumer and industrial products ranging from electronics, automobiles, and household goods to building materials and safety equipment.
WASHINGTON
AP is reporting: "Dow Chemical and the DuPont Co. announced Friday that they are merging in a $130 billion chemical industry megadeal.
"The merger would combine two companies that sell agricultural products to millions of farmers around the world, and make a variety of chemicals for consumer and industrial products ranging from electronics, automobiles, and household goods to building materials and safety equipment.
"The two companies will form DowDuPont, then separate into three independent publicly traded companies focused on agriculture, material science and specialty products."
The following analysts are available for interviews:
WENONAH HAUTER, via Patty Lovera, plovera at fwwatch.org, @foodandwater
Hauter is the founder and executive director of Food & Water Watch and the author of Foodopoly: The Battle Over the Future of Food and Farming in America. She said today: "Just a handful of large chemical companies including Dow and DuPont already control most of the seed supply used to grow crops like corn and soybeans, as well as the herbicides that genetically engineered seeds are designed to be grown with. Any merger that consolidates this market into fewer hands will give farmers fewer choices and put them at even more economic disadvantage. And it will make it harder for agriculture to get off the GMO-chemical treadmill that just keeps increasing in speed. The Department of Justice needs to block this merger to prevent the further corporate control of the basic building blocks of the food supply."
DIANA MOSS, dmoss at antitrustinstitute.org, @antitrustinst
Moss is president of the American Antitrust Institute. She said today: "Any merger on the agricultural inputs side of DuPont and Dow will get antitrust scrutiny. Some of the markets for biotech and seeds are highly concentrated, which has been driven by Monsanto having made so many acquisitions in the past. If you put a new merger in the this mix, it's going to raise concerns about leaving only two or maybe three firms. That's a market landscape that doesn't promote competition, entry, and innovation. Farmers could be squeezed even more and consumers could pay higher prices."
A nationwide consortium, the Institute for Public Accuracy (IPA) represents an unprecedented effort to bring other voices to the mass-media table often dominated by a few major think tanks. IPA works to broaden public discourse in mainstream media, while building communication with alternative media outlets and grassroots activists.
LATEST NEWS
As US Blockades Strait of Hormuz, Iran Military Warns of Weapons 'Enemy Has No Idea About'
"We will unveil warfare methods that the enemy will have little ability to counter," said the IRGC spokesperson.
Apr 13, 2026
As the US military on Monday began a naval blockade of the Strait of Hormuz after the Trump administration's failed talks with the Iranian government, a spokesperson for Iran's Islamic Revolutionary Guard Corps issued a warning to the United States.
"If the war continues, we will unveil capacities that the enemy has no idea about," said Sardar Mohibi, according to the IRGC-affiliated Tasnim News Agency. "We will unveil warfare methods that the enemy will have little ability to counter."
As Iran's Press TV reported, Iranian Lt. Col. Ebrahim Zolfaqari also commented on the blockade, which began at 10:00 am Eastern time, stressing that "enemy-affiliated vessels do not and will not have the right to pass through the Strait of Hormuz."
"Other vessels will be allowed to transit the strait in compliance with the regulations of the Armed Forces of the Islamic Republic of Iran," Zolfaqari said. "If the security of ports of the Islamic Republic of Iran is threatened, no port in the Persian Gulf or the Sea of Oman will remain safe,
Iran closed the Strait of Hormuz to many ships after the US and Iran launched an illegal war six weeks ago. The waterway between the Persian Gulf and the Gulf of Oman is a crucial trade route, including for fossil fuels from the region, and has become a key negotiating point as the death toll across the Middle East has mounted.
After talks led by Vice President JD Vance broke down, Trump wrote Sunday on his Truth Social platform that "the United States Navy, the Finest in the World, will begin the process of BLOCKADING any and all Ships trying to enter, or leave, the Strait of Hormuz. At some point, we will reach an 'ALL BEING ALLOWED TO GO IN, ALL BEING ALLOWED TO GO OUT' basis, but Iran has not allowed that to happen by merely saying, 'There may be a mine out there somewhere,' that nobody knows about but them."
"THIS IS WORLD EXTORTION, and Leaders of Countries, especially the United States of America, will never be extorted," Trump continued. "I have also instructed our Navy to seek and interdict every vessel in International Waters that has paid a toll to Iran. No one who pays an illegal toll will have safe passage on the high seas. We will also begin destroying the mines the Iranians laid in the Straits. Any Iranian who fires at us, or at peaceful vessels, will be BLOWN TO HELL!"
The president on Monday again threatened any Iranian vessels that "come anywhere close to our BLOCKADE," and also said that "34 Ships went through the Strait of Hormuz yesterday, which is by far the highest number since this foolish closure began."
As North Atlantic Treaty Organization member countries on Monday made clear they did not plan to join Trump's blockade, China's defense minister, Dong Jun, said: "Our ships are moving in and out of the waters of the Strait of Hormuz. We have trade and energy agreements with Iran. We will respect and honor them and expect others not to meddle in our affairs. Iran controls the Strait of Hormuz, and it is open for us."
Summarizing an interview with Salvatore Mercogliano, maritime historian at Campbell University in North Carolina, Al Jazeera reported Monday that "he expected the US Navy to turn around ships that come out of the strait while keeping at a distance from the range of Iran's missiles and drones."
It's possible the US action could result in "two competing blockades," Mercogliano said. "This has the potential to freeze shipping in and out the Strait of Hormuz entirely."
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These Proposals Would Make Life Better for Millions of People—And Most Americans Support Them
"That the US Congress is not debating or introducing bills to address the issues presented here represents a breakdown of democracy," said an economic justice think tank.
Apr 13, 2026
A new report by an economic think tank takes aim at the broadly accepted idea that Americans are divided on the major issues affecting millions of people every day—the question of how to ensure everyone can get the healthcare they need without going bankrupt, how the government can ensure working people make enough money to live, and whether the US should take more aggressive climate action.
As it turns out, the Center for Economic and Policy Research (CEPR) suggested Monday, there's far more agreement on those and more issues across the political spectrum than the corporate media and establishment politicians from both sides of the aisle would have the public believe.
Lawmakers who push for good, fair-paying jobs for all workers; raising the chronically stagnant federal minimum wage; guaranteeing healthcare for all Americans; clean energy investments; and ending the influence of corporations and billionaires on US elections would not be advocating for policies that are just popular on the left, the report says, but would actually be promoting a "Majority Agenda."
"It may feel like Americans agree on nothing right now, but recent polling tells a different story," said CEPR on social media. "From raising the minimum wage and strengthening Social Security to affordable housing and healthcare reform, these progressive policies are broadly popular despite the political establishment continuing to ignore them."
The group pointed to one 2024 poll by the American Communities Project that showed more than 60% of Americans agreed that the economy "is rigged to advantage the rich and the powerful," while 62% disagreed with the idea of cutting social programs to lower taxes.
Another 2024 poll by The Associated Press found that 91% of Americans supported equal protection under the law and 88% supported the right to privacy, while a 2020 poll by the Carr Center for Human Rights at Harvard Kennedy School revealed that 89% of Americans expressed strong support for affordable healthcare, 85% felt people have the right to a job, and 93% thought the right to clean air and water is essential.
Analyzing those surveys and other data, CEPR advised policymakers to consider the Majority Agenda as a "roadmap" to passing policies that large majorities of Americans view as major priorities to improve their quality of life.
The report is divided into three sections: Good Jobs, Strong Infrastructure, and Fair Play.
To push for fair, well-paying employment, said CEPR, lawmakers should support policies including:
- Increasing unionization‚ supported by 68% of Americans in one recent poll, through the Protecting the Right to Organize (PRO) Act, cracking down on retaliation against union members, and repealing or reforming the Taft-Hartley Act;
- Raising the $7.25 federal minimum wage, supported by 86% of Americans; and
- Setting a floor for paid time off from work by strengthening the Family and Medical Leave Act.
The section on strengthening US "infrastructure" looks beyond the traditional definition of the term regarding physical infrastructure projects, pushing for stronger policies that can help working people thrive by ensuring their healthcare, housing, and other basic needs are met.
A stronger infrastructure, said CEPR, would include:
- Guaranteed healthcare for everyone in the US through the passage of the Medicare for All Act, which has been introduced in the US House and Senate numerous times, and a corporate practice of medicine law to stop the corporatization of healthcare;
- A reversal of the trend of federal housing policy directing "too much funding to the wealthy and too little for everyone else," by ending federal restrictions on the creation of new federal public housing instead of investing in mortgage interest deductions for wealthy homeowners and the Low-Income Housing Tax Credit, whose benefits are greater for wealthy investors than for low-income renters; and
- An investment in clean energy by reinstating Biden-era regulations and strengthening the Clean Air Act and other environmental protection laws in order to meet the demands of 59% of Americans who view the climate crisis as "very or extremely dangerous," according to a 2021 poll by the University of Chicago.
CEPR pointed to three areas in which lawmakers could increase "fair play" for Americans:
- Strengthening and supporting Social Security, which Republicans frequently attack as rife with fraud and on the verge of going broke, by diverting some among of general revenue to the program and increasing monthly benefits modestly;
- Passing a constitutional amendment to allow the government to regulate campaign fundraising and spending both by campaigns and outside individuals and artificial entities; and
- Raising taxes on large businesses and the wealthy, as large majorities of Americans believe government should, and restoring funding to the Internal Revenue Service to ensure proper collection of taxes.
"That the US Congress is not debating or introducing bills to address the issues presented here represents a breakdown of democracy, one that comes at a considerable cost to the betterment of life for large swaths of Americans. At the same time, the access to and influence over our democratic processes by the monied class has upended our system of government, and all too often the tyranny of the wealthy minority has reigned," reads the CEPR report.
"We hope this report stands as a reminder that even in a fraught political moment," said CEPR, "there is a range of straightforward, broadly popular policy choices that could improve the lives of millions of people."
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Strait of Hormuz ‘Is Open For Us,’ Says China’s Defense Minister as US Blockade Begins
"We have trade and energy agreements with Iran. We will respect and honor them and expect others not to meddle in our affairs."
Apr 13, 2026
Although President Donald Trump has ordered the US military to enforce a blockade around the Strait of Hormuz, Chinese Defense Minister Dong Jun warned on Monday against any effort to obstruct Chinese vessels.
As reported by Business Today, the Chinese defense minister emphasized that his country and Iran have reached an arrangement allowing the safe transportation of Chinese ships through the strait, and he said the US should not subject them to its blockade.
"Our ships are moving in and out of the waters of the Strait of Hormuz," the defense minister said. "We have trade and energy agreements with Iran. We will respect and honor them and expect others not to meddle in our affairs. Iran controls the Strait of Hormuz, and it is open for us."
Chinese Defense Minister Admiral Dong Jun:
"We have trade and energy agreements with Iran; we expect others not to interfere in our affairs. The Strait of Hormuz is open to us."
China is issuing a warning to the US. pic.twitter.com/oIQK9845Ty
— Daily Iran News (@DailyIranNews) April 13, 2026
Trump announced a blockade on the Strait of Hormuz on Sunday, saying the US would not allow any ships that had cut deals with Iran for safe passage to be let through.
The blockade announcement came after US negotiators, led by Vice President JD Vance, failed to reach a peace agreement with their Iranian counterparts to bring an end to the conflict, which Trump launched illegally without any congressional approval six weeks ago.
The failure to reach a peace deal sent the price of oil upward yet again, as the price of Brent crude oil futures and WTI crude oil futures approached $100 per barrel.
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