Bayer sued for alleged monopoly in the US genetically modified corn seed market
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The lawsuit alleges that Bayer, after its patent expired in 2022, prevented independent seed companies from using its genetically modified germplasm to develop competitive generic products related to the NK603 trait. According to the report, almost all genetically modified hybrid corn seeds in the United States carry Bayer's NK603 trait, with about 92% of corn planting acreage using herbicide-resistant seeds, highlighting Bayer's significant influence in the market. Bayer stated that these allegations are unfounded and will be addressed through legal channels.
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