A PYMNTS Company

U.S.: After more than two years, agricultural antitrust probe hits dead end

 |  December 3, 2012

A probe initiated by the Justice Department more than two years ago into the agricultural industry of the nation has apparently come to a halt. The Justice Department began the investigation as a wide-spread look into the sector’s practices through workshops held around the U.S. which discussed a variety of antitrust issues. While not always explicitly named, the investigation took a hard look at Monsanto as the major agricultural company had allegedly abused its dominance and violated monopoly law with some of its products, including Roundup Ready soybeans. Monsanto has released a statement since hearing about the probe’s end, saying the company is “pleased…this issue is now behind us.”

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: Iowa Public Television

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.