03.12.2012

DOJ Mysteriously Quits Monsanto Antitrust Investigation / DuPont ‘Fraud’ in Monsanto Seed Case Unsealed by Judge

[businessweek] DuPont Co. (DD), the most valuable U.S. chemical maker, lied to a federal court and investors about its right to use Monsanto Co. seed technology as a central part of its defense in a patent lawsuit, a judge ruled.
E-mails from DuPont executives and lawyers show they knew the company didn’t have an agreement allowing it to combine Monsanto’s Roundup Ready soybeans with a second trait, while telling the court and public for years that it had such a right, Webber ruled. Because the sanction order was sealed, DuPont has “been able to continue their public relations spin,” the judge wrote.
weiter:

DOJ Mysteriously Quits Monsanto Antitrust Investigation 
[motherjones] There's an age-old tradition in Washington of making unpopular announcements when no one's listening—like, you know, the days leading up to Thanksgiving. That's when the Obama administration sneaked a tasty dish to the genetically modified seed/pesticide industry.
This treat involves the unceremonious end of the Department of Justice's antitrust investigation into possible anticompetitive practices in the US seed market, which it had begun in January 2010. It's not hard to see why DOJ would take a look. For the the crops that cover the bulk of US farmland like corn, soy, and cotton, the seed trade is essentially dominated by five companies: Monsanto, DuPont, Syngenta, Bayer, and Dow. And a single company, Monsanto, supplies nearly all genetically modified traits now so commonly used in those crops, which it licenses to its rivals for sale in their own seeds.

What's harder to figure out is why the DOJ ended the investigation without taking any action—and did so with a near-complete lack of public information. The DOJ didn't even see fit to mark the investigation's end with a press release.
weiter:


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1 Kommentar:

  1. SCHÖN DAS ES WIEDER ETWAS ZU LESEN GIBT!
    Was waren den die Gründe für die lange Pause?

    lg, ein eifriger Leser :)

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