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Saturday, January 23, 2010
MONSANTO & DUPONT DUKE IT OUT - DUPONT VOWS TO PRESS ON WITH ANTI-TRUST SUIT!
from: St. Louis Business Journal - by Kelsey Volkmann January 18, 2010 (excerpts)
U.S. District Court Judge Richard Webber decided that license agreements between the two companies contain an implied term that prohibits DuPont from stacking one if its proprietary genetic trait products, called Optimum GAT, with Monsanto’s Roundup Ready trait in soybeans or corn.
DuPont said its separate antitrust and patent fraud claims filed against Monsanto in June 2009 aren’t affected by Friday’s ruling and will proceed.
“This litigation is just the beginning. We will now vigorously pursue our antitrust, license and patent fraud claims,” DuPont Senior Vice President and General Counsel Thomas Sager said in a statement Saturday. “Monsanto’s efforts in the litigation make its intent crystal-clear: to deny independent seed companies and America’s farmers the ability to create and plant the seeds that work best for them.”
Full Text: http://stlouis.bizjournals.com/stlouis/stories/2010/01/18/daily5.html
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