US: Food monopoly will result if Supreme Court sides with soybean co, warns expert
As a controversial patent case in the Supreme Court rages on between Monsanto and a farmer of the company’s patented soybean, one antitrust advocate has warned of an inevitable “long-term food monopoly” if Monsanto were to win the case. Bert Foer of the American Antitrust Institute joined PBS’s Newshour program to discuss the case and to argue that if the Supreme Court sides with Monsanto, it is the equivalent of “putting all the cards with the patentee and very few with the consumers” if the cases solely concerns patent infringement. Monsanto holds patent rights to its soybean seeds and therefore requires buyers of the product to buy new seeds every year rather than replanting seeds resulting from a previous crop. A 75-year-old soybean farmer was sued by Monsanto after he replanted seeds instead of buying directly from Monsanto. According to recent reports, the Court seemed “skeptical” of the farmer’s argument that replanting is not the same as duplicating the seeds.
Full Content: The Raw Story
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Massachusetts AG Sues Insulin Makers and PBMs Over Alleged Price-Fixing Scheme
Jan 14, 2025 by
CPI
Apple and Amazon Avoid Mass Lawsuit in UK Over Alleged Collusion
Jan 14, 2025 by
CPI
Top Agent Network Drops Antitrust Suit Against National Association of Realtors
Jan 14, 2025 by
CPI
Weil, Gotshal & Manges Strengthens Antitrust Practice with New Partner
Jan 14, 2025 by
CPI
Russian Court Imposes Hefty Fine on Google for Non-Compliance with Content Removal Orders
Jan 14, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – CRESSE Insights
Dec 19, 2024 by
CPI
Effective Interoperability in Mobile Ecosystems: EU Competition Law Versus Regulation
Dec 19, 2024 by
Giuseppe Colangelo
The Use of Empirical Evidence in Antitrust: Trends, Challenges, and a Path Forward
Dec 19, 2024 by
Eliana Garces
Some Empirical Evidence on the Role of Presumptions and Evidentiary Standards on Antitrust (Under)Enforcement: Is the EC’s New Communication on Art.102 in the Right Direction?
Dec 19, 2024 by
Yannis Katsoulacos
The EC’s Draft Guidelines on the Application of Article 102 TFEU: An Economic Perspective
Dec 19, 2024 by
Benoit Durand