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Recent Editions

Risk Channel
North America
Agricultural giant Bayer is preparing to place its U.S. subsidiary Monsanto in bankruptcy if a settlement to resolve lawsuits linking the popular weedkiller Roundup to cancer fails. The German pharmaceutical and biotechnology group has paid about $10bn to settle disputed claims that Roundup, based on the herbicide glyphosate, causes cancer. About 67,000 further cases are pending for which the group has set aside $5.9bn in legal provisions. Rodrigo Santos, head of Bayer’s agriculture business, said the company is committed to resolving litigation in the next 12 to 18 months. “It’s a massive plan that has different front lines,” he said of Bayer’s legal strategy.
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Risk Channel
UK/Europe
The UK's Competition and Markets Authority (CMA) has received a "strategic steer" from government that emphasises a pro-growth agenda. The Treasury's directive, which mentions "growth" 17 times, aims to realign the CMA's priorities towards fostering investment and innovation. The CMA is also urged to expedite its investigations. Business Secretary Jonathan Reynolds said: "This government believes in promoting and protecting competition – that is fundamental to our growth mission . . . Our economic regulators are crucial to creating the conditions for increased growth and investment." Meanwhile, Chancellor Rachel Reeves has highlighted the importance of competitive markets for attracting investment and driving economic growth. CMA chief executive Sarah Cardell said: "The steer provides helpful clarity on how the CMA should prioritise and go about our work, promoting competition and protecting consumers with a sharp focus on supporting higher levels of investment and economic growth."
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