A new report published October 2017 highlights the rapid growth in the monopolisation of the global food system and sets out the risks to food production, the consumers, jobs (inc working conditions) and the environment.
The increase of agri-food corporations between 2015 and 2016 (five of the largest 12 mergers between publicly-traded companies) came in the agrifood sector, worth an estimated US $5000 billion.
Oliver de Schutter, co-chair of the International Panel of Experts on Sustainable Food Systems (IPES-Food) said, “This report should be a wake-up call for anyone who cares about their food, countryside and rural livelihoods. We are seeing an unprecedented surge in mergers and acquisitions in the food and farm sectors that will have major impacts on what we eat and what food we grow in the future. We need an urgent debate and the proactive involvement of regulators to protect the public interest, workers and the environment