Over last week’s Thanksgiving holiday, many Americans will have paused to savor the blessings of health, family and community. Some of us will have binged on too much turkey and consumption-crazed Black Friday sales. But for the world’s biggest pesticide and seed biotech companies, the entire year has been one long feeding frenzy. This frenzy culminated in recent months in a multi-billion dollar spending spree in which, reports Bloomberg, three of the "Big 6" pesticide companies (Syngenta, Bayer and BASF) together shelled out over two billion dollars to acquire biopesticide and other “green product” companies.
Concerns over corporate "greenwashing" notwithstanding, the larger issue here is a new frontier of market-making and corporate consolidation from the people who brought us "DDT is good for me" commercials.