Biotech Values

[DewDiligence]

DoJ closes investigation of MON and seed industry with no action:

http://online.wsj.com/article/SB10001424127887324735104578123631878019070.html

The Department of Justice had first demanded information from Monsanto in January 2010… In closing its investigation into "possible anticompetitive practices in the seed industry," the department took into account "marketplace developments that occurred during the pendency of the investigation," a spokeswoman said [LOL].

… The Justice Department had demanded information about Monsanto's business practices surrounding its Roundup Ready soybean, a ubiquitous product that is genetically modified to withstand application of the herbicide glyphosate. Monsanto confirmed it received written notification from the Justice Department that it had closed its review of the seed industry and Monsanto's soybean trait licensing practices in particular.