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2009-08-20 | permalink
Monsanto could be target of U.S. government antitrust enforcement
The Obama administration is stepping up its antitrust enforcement, Cramer said Thursday, and Monsanto could be the first target. Recent moves by the company seem to be daring the Justice Department to file a suit. [...] Monsanto maintains strict agreements with its farmer clients that leave them virtually no choice but to feed at the corporate trough. Plus, the company plans to push through a 42% price increase on its new seeds, and there’s nothing these farmers can do about it.
- CNBC, USA: Sell block: Monsanto’s growth choking out competition?
- Daily Yonder, USA: Is Obama putting the ’anti’ back into antitrust?
- Organization For Competitive Markets, USA: Anti-competitive practices highlighted 2009 OCM conference
- Money Morning, USA: Hot Stocks: Monsanto focused on jong-term growth, but DuPont dustup draws attention from regulators
Overview
News
2009-08-20 | permalink
Monsanto could be target of U.S. government antitrust enforcement
The Obama administration is stepping up its antitrust enforcement, Cramer said Thursday, and Monsanto could be the first target. Recent moves by the company seem to be daring the Justice Department to file a suit. [...] Monsanto maintains strict agreements with its farmer clients that leave them virtually no choice but to feed at the corporate trough. Plus, the company plans to push through a 42% price increase on its new seeds, and there’s nothing these farmers can do about it.
- CNBC, USA: Sell block: Monsanto’s growth choking out competition?
- Daily Yonder, USA: Is Obama putting the ’anti’ back into antitrust?
- Organization For Competitive Markets, USA: Anti-competitive practices highlighted 2009 OCM conference
- Money Morning, USA: Hot Stocks: Monsanto focused on jong-term growth, but DuPont dustup draws attention from regulators
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