Volume 88 Issue 3 | p. 16 | Concentrates
Issue Date: January 18, 2010

Monsanto’s Soybeans Attract DOJ Attention

Department: Business, Government & Policy
Keywords: Monsanto, soy beans, seeds

Monsanto says it is cooperating with a Department of Justice investigation of its soybean traits business. Both DOJ and the Department of Agriculture are looking into possible anticompetitive behavior by Monsanto in the seed industry. The company’s Roundup Ready soybean—the world’s first genetically modified seed—will lose patent protection in 2014. In December 2009, Monsanto assured its customers that it would continue to make the soybeans available after the patent expires.

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