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Illinois Reviews Monsanto Pricing
NEW YORK - Apr 20/05 - SNS -- Illinois Attorney General's office is reviewing pricing and licensing of genetically modified seeds produced by Monsanto Company.
Monsanto said the issues and background sought are similar to requests raised in various contexts by others in the past. Monsanto has fully and successfully presented explanation of its past technology and seed licensing practices in formal and informal circumstances, including court proceedings.
Monsanto explained that its commercial approach is to broadly license its value-added technologies to hundreds of seed companies so that growers who wish to plant seeds with the company’s innovations can choose the seed brands they prefer.
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