Monsanto monopoly?

Monsanto’s Aug. 15 offer to buy Delta & Pine Land Co. will create a titan with a hammer lock on every corner of the cottonseed market, writes Alan Guebert in his syndicated column (appearing here in the Hawk Eye newspaper in Iowa.)

Guebert contends that the deal will allow Monsanto to thoroughly dominate the U.S. cottonseed market—if the deal passes muster with the Federal Trade Commission and the Department of Justice’s Antitrust Division.

Guebert suggests that the merger smacks of a monopoly. “…[Monsanto] could use its dominating market and technology position to simply beat competitors and farmers into submission whenever and at whatever price it demanded,” he writes.

Read the entire article here>>

This entry was posted on Friday, November 10th, 2006 at 10:16 am and is filed under All blog posts. You can follow any responses to this entry through the RSS 2.0 feed.