Bayer Curbs Seed Loyalty Program Following DOJ Antitrust Inquiry Tea
The DOJ just put Bayer on a seven-year timeout for its controversial seed loyalty program, signaling a major win for crop diversity and independent farmers.
By Foodie Pundit Newsroom - Published - Updated - Section: Policy Regulation
Key points
- Bayer CropScience agreed to halt its restrictive seed loyalty program for seven years following a DOJ antitrust probe.
- The program was accused of 'tying' discounts to high sales targets, effectively forcing independent seed companies to exclude competitors.
- This move is expected to increase biodiversity and lower costs for independent restaurants by fostering a more competitive seed market.
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