Seed giants’ initiatives to preserve monopoly on global food

The following is an edited excerpt.

A report released yesterday by the non-profit ETC Group claims that six companies are seeking to control current priorities and the future direction of agricultural research. According to the report, giant seed companies are launching initiatives to preserve their IP rights and deflate antitrust concerns.

According to the report [pdf], Syngenta, Bayer, BASF, Dow, Monsanto and DuPont currently control almost 60 percent of commercial seeds, over 70 percent of agrochemicals, and account for 76 percent of all private sector R&D in the two sectors.

Read the full post here: Report On Seed Giants’ Initiatives To Preserve Monopoly On Global Food

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