Urge the DOJ to investigate Monsanto
- Details
Pesticide Action Network North America, 10 September 2009
Dear Supporter
Massive agrichemical and seed corporation Monsanto -- through acquisitions and cut-throat business practices -- has cornered 90% of the soy, 65% of the corn, and 70% of the cotton seed markets, all without government anti-trust officials raising an eyebrow.
Not only that, but in order to be productive, most of Monsanto's seed lines all but require the use of the herbicide Roundup, trapping farmers into buying it. Who owns Roundup? Monsanto.
Monsanto has, it seems, cornered the market on abusive monopolistic practices as well. In the middle of a recession, while farmers' incomes are dropping, Monsanto recently announced a 42% price hike on its most popular genetically modified seeds. When in many areas of the country distributors carry nothing but these seeds, this sure looks like evidence of a monopolist abusing its market position.
Take Action Today!
http://action.panna.org/t/5185/petition.jsp?petition_KEY=2096
President Obama's antitrust chief Christine Varney has promised rigorous enforcement of antitrust law with a special focus on the agricultural sector. She should start with the worst of the worst, Monsanto.
Sign the petition (http://action.panna.org/t/5185/petition.jsp?petition_KEY=2096 ) to demand that Varney immediately open an investigation into Monsanto and its abusive business practices.
PANNA <This email address is being protected from spambots. You need JavaScript enabled to view it.>