Tell Obama's Antitrust Czar: Investigate Monsanto

Tell Obama's Antitrust Czar: Investigate Monsanto

Started
September 4, 2009
Petition to
Petition Closed
This petition had 252 supporters

Why this petition matters

Started by Carole Sarcinello

The Monsanto monopoly needs to be investigated.

Massive seed corporation Monsanto — through acquisitions and cut-throat business practices — has cornered 90% of the soy, 65% of the corn, and 70% of the cotton market, and has a rapidly growing presence in the fruit and vegetable market, all without government anti-trust officials raising an eyebrow.

Not only that, but in order to be productive, the entire line of Monsanto's seeds all but require the use of Roundup herbicide, trapping all of their customers into buying it. And who owns Roundup? You guessed it, Monsanto.

Monsanto has, it seems, cornered the market on abusive monopolistic practices as well. In the middle of a recession, while farmers' incomes are dropping, Monsanto recently announced a 42% price hike on its most popular genetically modified seeds. When in many areas of the country distributors carry nothing but these seeds, this sure looks like evidence of a monopolist abusing its market position.

President Obama's antitrust chief Christine Varney has promised rigorous enforcement of antitrust law with a special focus on the agricultural sector. She should start with the worst of the worst, Monsanto.

Tell Assistant Attorney General Varney to open an investigation into Monsanto and its abusive business practices immediately.

Thank you for working to build a better world.

Adam Klaus, Campaign Manager
CREDO Action from Working Assets

 

Petition Closed

This petition had 252 supporters

Share this petition

Share this petition in person or use the QR code for your own material.Download QR Code

Decision Makers