Occupy Monsanto Portugal
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Monsanto and DuPont's GMO War and biotech Monopoly
According to phys.org, after four years of battle, DuPont finally agreed to pay Monsanto $1.75 billion royalty fee for the next 10 years. Apparently the previous court order required DuPont to pay Monsanto $1 billion for patent violations. However, both Monsanto and DuPont decided to drop charges against one another and DuPont agreed to drop its antitrust charges against Monsanto. That will put Monsanto in a very high position of strength, considering that Monsanto owns more than 80% of US corn and soy license gene traits.
However, the two companies both agreed to work together and according to phys.org DuPont Pioneer President Paul Schickler said that "This technology exchange helps both companies to expand the range of innovative solutions we can offer farmers and to do so faster than either of us could alone".... Read more
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