September 29, 2006 Agronomy

Federal Class Action Lawsuit Alleges Monsanto Illegally Maintained Glyphosate Monopoly

Plaintiffs say company unfairly dominates market years after Roundup patent expired.

from AgricultureOnline.com

The Monsanto Company is the target of a class-action antitrust lawsuit filed this week in federal court.

Pullen Seeds and Soil, based in Sac City, Iowa, led the group filing Pullen Seeds and Soil v. Monsanto Company, No. 06-599, Tuesday in U.S. District Court in Wilmington, Delaware. Plaintiffs allege the company violated Sections 1 and 2 of the Sherman Antitrust Act, as it allegedly has a monopoly over the glyphosate herbicide marketplace with its Roundup products. Monsanto’s patent on Roundup product name expired in 2000.

“During the post-patent period…Roundup has maintained an 80% (or more) market share of all the glyphosate herbicides sold in the United States despite Monsanto’s charging dealers 300% to 400% more for brand-name Roundup than the price charged by generic competitors,” according to the Pullen v. Monsanto court document filed Tuesday. “Monsanto’s ability to charge higher prices for Roundup is the result of a comprehensive anticompetitive scheme which Monsanto began implementing in the 1990s.”

See complete Agriculture Online.com article

BECOME A GLH DEALER! Earn cash, travel, product and rewards! Recent NewsNews Archives

IL: Identification of Palmer amaranth in Illinois

May 22, 2015

Palmer amaranth continued to expand its presence in Illinois during 2014. Palmer amaranth populat...

PSU: Field Crop News – May 19

May 19, 2015

New issue from Penn State.

AGRELIANT GENETICS ANNOUNCES COLLABORATION WITH WEATHER TRENDS INTERNATIONAL

May 19, 2015

AgReliant Genetics is collaborating with Weather Trends International, a leader in weather forecasting and trends providing accurate predictions day-by-day, week-to-week, 11 months ahead for 6.4 million locations around the globe.

KSU: Soybean response to standing water and saturated soils

May 19, 2015

By Ignacio Ciampitti, Crop Production Specialist, Doug Jardine, Extension Plant Pathology, Doug Shoup, Southeast Area Crops and Soils Specialist, Kansas State University May 19, 2015

OSU: CORN Network Newsletter – May 19

May 19, 2015

New issue from The Ohio State University.