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Oct. 11, 2022 by Margy Eckelkamp The Scoop magazine On September 29, the Federal Trade Commission (FTC) along with 10 state attorneys general filed a federal law suit against Syngenta and Corteva. Here's what to know. 1. The claim centers on "loyalty programs" with distributors. 2. The harm caused by the alleged schemes kept prices artificially high. 3. The consolidated status of the industry elevated this issue. 4. The companies say their pricing structures and practices were within the law. 5. The 10 states that joined the suit are: California, Colorado, Illinois, Indiana, Iowa, Minnesota, Nebraska, Oregon, Texas and Wisconsin. 6. The three AIs from Syngenta this claim centers on are: Azoxystrobin, Mesotrione, Metolachlor 7. The three AIs from Corteva this claim centers on are: Rimsulfuron, Oxamyl and Acetochlor. 8. Possible outcomes include the end of such loyalty programs and restitution granted to farmers. To read the entire report click here. Tweet |
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