EU Opens Antitrust Probe on Dow Chemical, DuPont Merger
Proposed $122 billion deal could cut competition in crop protection, seeds and petrochemicals, says EU
BRUSSELS—The European Union’s antitrust authority opened a full-blown investigation into the proposed merger of Dow Chemical Co. and DuPont Co., which could require the companies to make bigger concessions to clear their blockbuster deal.
The European Commission said it would investigate whether the combination may reduce competition in crop protection, seeds and certain petrochemicals. The proposed merger, disclosed in December, would unite the two giants with a combined market cap of …