The US DOJ requires extensive divestitures and changes the terms of licensing agreements before approving a merger in the market for genetically-engineered cotton seeds (Monsanto / Delta / Pine Land)

The Monsanto Company has nearly completed its acquisition of Delta and Pine Land, uniting the two largest companies in the domestic, genetically- modified cotton seed industry. Subject to a Hart-Scott- Rodino review, the parties worked with the United States Department of Justice (“D.O.J.”) to negotiate a consent decree aimed at maintaining a competitive environment in key sub-markets. Even with the decree, though, the merger provides Monsanto with considerable vertical integration and the cessation of costly, protracted litigation with Delta and Pine Land over licensing and intellectual property issues. But several states have filed negative Tunney

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

  • Office of the Texas Attorney General

Quotation

Mark Levy, The US DOJ requires extensive divestitures and changes the terms of licensing agreements before approving a merger in the market for genetically-engineered cotton seeds (Monsanto / Delta / Pine Land), 6 November 2008, e-Competitions Bulletin November 2008, Art. N° 53258

Visites 137

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues