DuPont accuses Monsanto of anti-competitive action
By Sue Chang
MarketWatch, 5 May 2009
SAN FRANCISCO -- DuPont (Du Pont de Nemours & Co) on Tuesday claimed Monsanto (Monsanto Co) is only interested in preserving its monopoly and stressed that it will "fight" the company's efforts to limit availability of competitive products.
"Monsanto has a long history of using litigation and aggressive tactics to preserve their monopoly and attempt to intimidate customers, seed partners and competitors," James Borel, DuPont group vice president, said in a statement.
Monsanto filed a lawsuit Monday evening in a St. Louis federal court accusing DuPont of stealing intellectual property associated with the genetic traits of its Roundup Ready unit.