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2007-03-08 | permalink
Farmers ask U.S. Federal Court to stop predatory pricing of glyphosate by Monsanto
American Corn Growers Association (ACGA) has filed a lawsuit in federal court to halt the anticompetitive practices of Monsanto as they relate to the marketing of Roundup® herbicide. The antitrust action, filed in the United States Court for the District of Delaware, alleges that Monsanto has violated federal and state antitrust laws by using its monopoly power in the herbicide market and biotechnology seed trait markets to unlawfully monopolize and restrain competition in the market for glyphosate herbicides, and has otherwise acted to maintain supra-competitive pricing for its glyphosate herbicides.
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News
2007-03-08 | permalink
Farmers ask U.S. Federal Court to stop predatory pricing of glyphosate by Monsanto
American Corn Growers Association (ACGA) has filed a lawsuit in federal court to halt the anticompetitive practices of Monsanto as they relate to the marketing of Roundup® herbicide. The antitrust action, filed in the United States Court for the District of Delaware, alleges that Monsanto has violated federal and state antitrust laws by using its monopoly power in the herbicide market and biotechnology seed trait markets to unlawfully monopolize and restrain competition in the market for glyphosate herbicides, and has otherwise acted to maintain supra-competitive pricing for its glyphosate herbicides.
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