Tuesday, November 10, 2009

Monsanto Questioned by Justice Department on Rival’s Complaint

Monsanto Questioned by Justice Department on Rival’s Complaint
By Jack Kaskey
Bloomberg
Oct. 9, 2009 Link to full article below

Monsanto Co., the world’s largest seed producer, said it received questions from the U.S. Justice Department about anti-competition complaints that rival DuPont Co. made in a lawsuit.

The Justice Department’s inquiry is another sign the Obama administration is taking an aggressive approach to antitrust enforcement. Philip Weiser, the antitrust division’s deputy assistant attorney general, said at an August meeting on agriculture markets that the government had “concerns about the competitive consequences of how the marketplace is evolving.”

Full article: http://www.bloomberg.com/apps/news?pid=20601103&sid=awMe9JNnCI4I

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