Senator Chuck Grassley, Chairman of the Senate Judiciary Committee and member of the Agriculture Committee, made the following statement after DuPont and Dow announced the structure of the merged independent agriculture company. DuPont’s agriculture business had been headquartered in Johnston, Iowa.
“The proposed DuPont-Dow merger left Iowans wondering about the future of an iconic Iowa company. Today’s announcement may not be what we had hoped, but it underscores the value of Pioneer's outstanding employees and innovative research and development. It’s further evidence that the people of Iowa are again our greatest asset. I hope this new entity will continue to embrace the unique and strategic resources of Iowa and its workforce.
“Still at issue is the antitrust review which I’ll be keeping a close eye on. Vigorous enforcement of the antitrust laws is imperative to maintaining an open, fair and competitive marketplace. I’m continuing to listen to concerns from farmers and consumers about the merger.”
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