Monsanto loses $2Billion judgement!!!
Five million Brazilian farmers have taken on US based biotech company Monsanto through a lawsuit demanding return of about 6.2 billion euros taken as royalties from them. The farmers are claiming that the powerful company has unfairly extracted these royalties from poor farmers because they were using seeds produced from crops grown from Monsantos genetically engineered seeds, reports Merco Press
http://readersupportednews.org/news-section2/445-farm-and-food-policy/11961-monsanto-loses-2-billion-judgement-to-brazilian-farmers
I'll just take a crazy guess here and say Monsanto probably won't pay up.
Scootaloo
(25,699 posts)harun
(11,348 posts)byeya
(2,842 posts)to its limits elsewhere leaving South American freer - freer, not free - from American interference.
Isn't there some friendly international body that will try to lessen the judgment? In that case, I look
for Brasil to seize assets in lieu of legally accessed fines.
Scootaloo
(25,699 posts)Johnson threw his support behind the coup against Goulart, via the CIA. Similar operations were undertaken with even heavier American involvement in Colombia, Argentina, and Chile.
The trick to a coup is that you don't have to use your own military. You use the military of the nation you're trying to overthrow.
I just hope Obama's not the kind of guy to fold to pressure from United Fruit, er I mean Monsanto.
htuttle
(23,738 posts)That's a lot of farmers!
Voice for Peace
(13,141 posts)chknltl
(10,558 posts)5,000,000 times one Brazilian. Which begs the question:, "How many of them are there there legally?" (Which further begs the question of the necessity of two 'there's' in that question).
Voice for Peace
(13,141 posts)chknltl
(10,558 posts)I had heard of Godzilla bud but Godzillion???..it is so hard to keep track of all the new names these days.
Grassy Knoll
(10,118 posts)to fox news to legally lie to viewers about that crap
being in our milk ?
TheFarseer
(9,319 posts)so Brazilian farmers can do whatever they want and American farmers have to take it up the ass with no Vaseline? just awesome. Just like with pharmaceuticals, Americans get screwed. Everyone else can do whatever they want. Not that I'm on Monsanto's side. Monsanto is the devil if you ask me. I'm just sick of Americans getting pushed around by our own companies and everyone else gets a free pass.
cbrer
(1,831 posts)I'll bet the Monsanto stockholders didn't bitch!
This is the paradigm in which American business operates. It will not change until we force change. Votes will never do the job.
The Doctor.
(17,266 posts)valerief
(53,235 posts)U.S. Pravda has depts. such as NBC, CBS, ABC, NY Times, Wall St. Journal, Fox News, CNN, and on and on.
railsback
(1,881 posts)Seriously. These people better watch their backs.