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Wednesday, September 24, 2003

An IP monopolist whose name starts with "M" 

Monsanto, silly:

David Barboza of The Times writes:

A federal judge on Friday let proceed an antitrust case that accused the Monsanto Company and other big agricultural seed giants of conspiring to control the world's market in genetically modified crops.

In a 13-page decision, Rodney W. Sippel, a federal district judge in St. Louis, dismissed part of a class-action lawsuit that was filed in 1999 by a group of farmers who said they had suffered huge losses because of global opposition to genetically modified crops.

But Judge Sippel allowed the antitrust portion of the case to proceed, possibly setting the stage for a court battle over whether the world's biggest producers of agricultural seeds got together in the late 1990's to fix prices and control the market for those valuable biotechnology seeds, which are now planted on more than 100 million acres worldwide.

Excellent! Particularly if you want some other diet than a corporatist one. (See the slow food movement.)

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