Seven US states district attorneys are investigating the evil Monsanto for abusing “its market power to lock out competitors and raise prices on seed”. According to the Organic Consumers Association:
The states are probing whether Monsanto violated laws by offering rebates to seed distributors for excluding rival seeds, imposing limits on combining the product with other genetic modifications, or offering cash incentives to switch farmers to more expensive generation of seed varieties.
The state investigations add to pressure on Monsanto. The US Justice Department is investigating the company’s marketing practices, and DuPont Company has accused Monsanto of anti-competitive practices in licensing litigation.
Maybe anti-trust laws will finally bring this agricultural giant down!