Monsanto Company

A class action antitrust lawsuit has been filed against Monsanto in US District Court in Wilmington, Delaware. Plaintiffs allege Monsanto violated Sections 1 and 2 of the Sherman Antitrust Act, as it held a monopoly over the glyphosate herbicide marketplace with its Roundup products. Monsanto's patent on Roundup product name expired in 2000. Roundup has maintained an 80% market share of all the glyphosate herbicides sold in the US despite charging dealers 300% to 400% more for brand-name Roundup than the price charged by generic competitors. Monsanto's ability to charge higher prices for Roundup is the result of a comprehensive anticompetitive scheme which Monsanto began implementing in the 1990s.