This is a picture of machines Monsanto uses to engineer their products.Picture found at article site. (Link above)
Parloff, Ron. "Monsanto's Seeds of Discord." CNN Money. Cable News Network, 11 May 2010. Web. 10 May 2010.
- Monsanto owns a part of more than 80% of the soybeans and cotton harvested in America because they have at least one patented Monsanto gene in them, along with more than 70% of corn grown in fields.
- Rival company DuPont believes Monsanto is using abusive patent license provisions and other tricks of the trade.
- If Monsanto can prevent competing products from getting out, farmers will have to switch to Monsanto products and it will cost farmers and consumers billions of dollars.
- As Monsanto's patent term on Roundup Ready draws to a close in 2014, the concern is that Monsanto could, extend its monopoly an extra five to seven years, if not longer.
Reflection
I can easily agree with those opposing Monsanto because Monsanto is trying to take over the whole GMO industry for the crops they engineer. They have done this by using procedures that out other companies out of business very quickly. One patent in a gene, and Monsanto owns a part of the crop. I think they're over expanding a little too much, because many rival companies fear that Monsanto will take over too much property. If one company runs the whole industry, then it would be very bad if or as soon as the company goes down. Also, if the company gains any more power, it could prove too big of a company for the government to control. Even though this sounds a bit far-fetched, it can actually happen in time. This has taught me that some things created to alter the environment, aren't actually created for its ideal purpose. Sometimes it is just created for a profit of wealth.
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