U.S. allows Monsanto-Delta deal with conditions

(Reuters) - The decision comes after months of complaints from competitors, farm groups and consumer representatives that Monsanto's purchase of Delta and Pine, which operates the world's largest commercial cottonseed breeding program, would hobble competition, lead to higher prices and reduce seed options.




The Justice Department said the conditions it was placing on the deal should mitigate those fears and "preserve competition in this important industry."


Read more at Reuters.com Business News