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EC Opens Deeper Probe into Dow Mega-Deal with DuPont

The European Commission on Thursday, Aug. 11, opened an in-depth probe into Dow Chemical's (DOW) $130 billion combination with DuPont (DD) citing competition red flags in several areas.

Dow's merger with DuPont, agreed last December, would create the world's No. 1 integrated crop protection and seed company, and take place in industries that are already globally concentrated, the EC noted in its announcement.

In particular, they worried about reduced competition in the markets for crop protection, seeds and...