Managing Intellectual Property

Senators ask DOJ to expedite Monsanto

13 August 2010

Eileen McDermott, New York

Four US Senators are urging the Department of Justice to "swiftly resolve" its investigation into possible antitrust issues in the US seed market

In October last year, Monsanto announced that the Department had submitted a number of questions to the company regarding competition in the seed industry.

Monsanto responded to the DOJ late last year.

Senators Herb Kohl, Russell Feingold, Amy Klobuchar and Al Franken - all Democrats - on Monday asked US assistant attorney general Christine Varney to expedite the investigation, since Monsanto's Roundup Ready patent will expire in 2014.

"Generic entry into the market will promote further competition in the biotech trait sector, enhance innovation...



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