Saturday 9 July 2011

Patenting GM technology- A monopoly game


Companies that produce genetically modified seeds are allowed to own legal rights to their high-tech product creations. This legalisation encourages companies to produce their products, such as seeds using terminator technology, whereby the farmers have to buy seeds from the company every year because seeds gathered from the GM crops grown from seeds bought in the previous year, do not germinate.
 
image courtesy from aaronsenvironmental.com

By doing this, the company is monopolizing the seed market and killing off healthy competition among farmers. This monopolization puts farmers from poorer societies into a state of losing out to a big portion of possible income from their conventional farming crops. 

Monsanto, Dupont, Bayer are big players in the GM seed market. 
  image courtesy from (faculty.umf.maine.edu) website.
the writer of this blog altered the image a little because the picture contains hints that may be racist. 
 Contributor: Monica.

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