Joint agreement between Monsanto, DuPont has created the world’s largest GMO monopoly

By:Ethan A. Huff

For years, DuPont has alleged that Monsanto is a threat to innovation, as the biotechnology bully dominates large and growing segments of industrialized agriculture. And DuPont has been correct in this assessment, which became the crux of its legal argument against Monsanto.

But now that the two companies have agreed to partner together, the world faces a much larger threat in the form of a massive GMO cartel controlled by Monsanto.

“DuPont is the last of the big four to sign up to use Monsanto’s genetically engineered herbicide resistant soya (soy) bean traits,” explains gmeducation.org, referring to Monsanto, DuPont/Pioneer Hi-Bred, Syngenta, and Dow AgroSciences, which collectively own roughly 80 percent of the U.S. corn market and 70 percent of the soybean market.

“[DuPont] will pay Monsanto $1.75 billion over the next 10 years … A good deal for Monsanto but even more significant is that DuPont is to drop its antitrust lawsuit against Monsanto … given that currently more than 80 percent of U.S. corn (maize) and more than 90 percent of soya (soy) beans contain Monsanto licensed gene traits, it must have had a good chance of winning and curbing Monsanto’s virtual monopoly of a key part of the U.S. seed industry. This deal puts an end to that, and instead puts Monsanto in a position of massive strength.”

What this means for the average consumer, of course, is more GMOs hitting the market in the future with less regulatory hoops through which they have to jump. It also puts Monsanto in an even more opportune position financially and politically to thwart efforts at GMO labeling, for instance, which have grown substantially at the grassroots level all across the country in recent years.

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