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Genetically Modified Crops Giant Monsanto faces anti-trust litigation
For 14 years, agri-giant Monsanto has led the market they essentially created for genetically-modified seeds. The whole genetically modified crops issue is volatile and, as part of unusual anti-trust litigation, critics from farmers to politicians will be able to voice their opinions in public meetings held by the U.S. Justice Department. The first of these is Friday, March 20 in Iowa with feature speaker Attorney General Eric Holder.
In January, the U.S. Justice Department began antitrust investigations on Monsanto’s genetically modified, herbicide-immune soybean. The plant is grown throughout the U.S. and represents about 90% of domestically grown soybeans. Since genetically modified crops are patented, Monsanto profits either from licensing or pricing on almost every soybean grown in the U.S.
The situation has raised the ire of many farmers and seed companies. In their view, Monsanto is limiting competition. For some environmentalists, the issue is the potential harmful effect genetically modified crops can have on animal life as well as other crops.
Whether the critics are farmers, politicians, activists, or competitors, they will be able to air their complaints what the Justice Department’s antitrust division is calling ‘workshops’ held jointly with the Department of Agriculture.
Recommended for Further Reading:
- Hemp Could Be the Perfect Source for Biodiesel
- Tobacco's Redemption Continues: Genetically Modified Tobacco can Clean Up the Environment
- Is That Product Green? Eric Corey Freed Tells Us How to Find Out
- Senate Considers Reviving Biodiesel Tax Credit of $1 a Gallon
- British Tech Firm Offers to Clean Up Gulf Surface Oil - BP gives No Response
- How Green Is That Company?
- Solar Panel Production Toxins may Rule them Out as a "Green" Solution
- PCBC Conference Next Week!
- New Offshore Drilling Ban announced by Salazar
- Greenwashing or Not?
- IC Green: Homes Made out of Shipping Containers?
- Green Tech may be Good for the Environment but Bad for Business
- The Perfect Sustainable City with Eric Corey Freed
- Green Ray Commercial Grade, Full Spectrum, LED Lights
- Nordic Windpower raises $12M VC Funding for Small 1MW wind turbines
Genetically Modified Crops Giant Monsanto faces anti-trust litigation http://t.co/ttwXwddF #eco #cleantech #greenbuilding #renewableenergy
Tobacco's Redemption Continues: Genetically Modified Tobacco can... http://bit.ly/bNVXBU #eco #cleantech #greenbuilding #renewableenergy
Tobacco's Redemption Continues: Genetically Modified Tobacco can... http://bit.ly/bNVXBU #eco #cleantech #greenbuilding #renewableenergy
Genetically Modified Crops Giant Monsanto faces anti-trust litigation http://bit.ly/bs4YLF #eco #cleantech #greenbuilding #renewableenergy
RT @cleangreenpro - Genetically Modified Crops Giant Monsanto faces anti-trust litigation http://bit.ly/bs4YLF #eco #cleantech #green...
In these 14 years, what are the actual, not promised benefits of GMO?
In these 14 years, how much has it spread?
Is its spreading proportional to its benefits?
Why is there such disproportion?
RT @buildaroo: Genetically Modified Crops Giant Monsanto faces anti-trust litigation http://bit.ly/bs4YLF #environment #green #eco
RT @buildaroo: Genetically Modified Crops Giant Monsanto faces anti-trust litigation http://bit.ly/bs4YLF #environment #green #eco