The 10 largest antitrust law firms in the United States have gone into the federal courts charging Monsanto with creating a global conspiracy in violation of the antitrust laws, to control the global market in seeds.
Sentiment: NEGATIVE
The antitrust litigation currently in the federal courts in the U.S. against Monsanto will be the test case in the life sciences, just as the Microsoft case was the test case in the information sciences.
The history of antitrust law enforcement shows that successful antitrust prosecutions have often strengthened and brought vitality to extremely large companies and businesses.
It is not possible to assert publicly that Monsanto is anything other than venal without being accused of being a sellout, a fraud, or worse.
Antitrust law isn't about protecting competing businesses from each other, it's about protecting competition itself on behalf of the public.
I want to be clear. No company is too big to be prosecuted. We have zero tolerance for corporate fraud, but we also recognize the importance of avoiding collateral consequences whenever possible.
Unfortunately in the U.S., the courts have pretty much sided with the GMO lobby and suggesting that a farmer has no rights to be protected from GMO contamination.
If corporations are people, as the Supreme Court wishes us to believe, they are stunningly unpatriotic ones.
Changing technologies, changing marketplaces, and even changing trends in anti-competitive practices have all presented challenges to antitrust enforcement.
Large corporations, of course, are blinded by greed. The laws under which they operate require it - their shareholders would revolt at anything less.
Monsanto can do anything they want to you, and put anything they want into your foods. There's nothing you can do about it.