A Level Field

Many people think of agriculture as a tradition-bound occupation. It is far more like information technology, as high-tech companies genetically engineer seeds and a few powerful companies strive to dominate the market. Following a decade of unchecked consolidation, it is time for the Justice Department to take a hard look at potentially anticompetitive behavior. - A good place to start is with Monsanto, which is trying to block DuPont from adding its own genetic traits to Monsanto’s Roundup Ready technology to produce soybeans that would be resistant to multiple pesticides. Seeds carrying Monsanto’s genes can resist Roundup, the ubiquitous weedkiller. They are the dominant standard in American fields — present in 97 percent of the soybean crops and 79 percent of the corn, akin to Microsoft Windows on computers. - Earlier this year, Monsanto sued DuPont for patent infringement. In response, DuPont accused Monsanto of hindering innovation through restrictive licensing agreements. It also charges that Monsanto is pre-empting competition from generic makers by threatening to revoke seed companies’ licenses if they don’t switch to a new version before Monsanto’s patent expires in 2014. - Agriculture is at the frontier of technological progress. Its innovations will determine, to a large extent, whether and at what cost this country and the world will be able to feed its growing populations. No company should dominate such an essential business.
2 commentscategory: Abuse of Power/Corruption karma: 174

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  1. #1    Americans are unwitting guinea pigs for GM crops and pesticides ...

    ... and world leaders in many cancers and auto-immune diseases.
    written by Mike5000 since 28 days 16 hours 41 minutesMike5000
  2. #2    Let Du Pont and Monsanto kill each other. F---'em both. The answer is organic farming.
    written by protect_democracy since 28 days 12 hours 22 minutesprotect_democracy
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