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HEALTHCARE: Bayer (BAYNGR: Baa2 neg/ BBB/ BBB): Missouri Law

HEALTHCARE
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  • Following on from yesterday's note on Iowa.
  • Bayer won a first-round approval in the Missouri House on Tuesday to have a bill passed that would give them protection against legal claims at the State level.
  • They are pushing to have Federal Labelling certified as sufficient and thus over-riding State laws concerning consumer protection.
  • ModernAgAlliance is a lobby group representing Bayer and certain Agricultural producers.
  • Clearly, there can be unintended consequences for consumers further down the line and the US has a long tradition of States defending their rights vs Federal Government. So passage of such laws will be complicated.
  • Currently, the Republicans seem to be largely in the Bayer camp but this is not an easy win for Bayer.

With thanks to the reporters at the Missouri Independent

Link

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  • Following on from yesterday's note on Iowa.
  • Bayer won a first-round approval in the Missouri House on Tuesday to have a bill passed that would give them protection against legal claims at the State level.
  • They are pushing to have Federal Labelling certified as sufficient and thus over-riding State laws concerning consumer protection.
  • ModernAgAlliance is a lobby group representing Bayer and certain Agricultural producers.
  • Clearly, there can be unintended consequences for consumers further down the line and the US has a long tradition of States defending their rights vs Federal Government. So passage of such laws will be complicated.
  • Currently, the Republicans seem to be largely in the Bayer camp but this is not an easy win for Bayer.

With thanks to the reporters at the Missouri Independent

Link