Sept 16 (Reuters) - A U.S. judge has dismissed a lawsuit
accusing agriculture giants Bayer, Corteva ( CTVA ), Syngenta and others
of conspiring with wholesalers and retail outlets to fix prices
for seeds and crop protection chemicals, causing farmers to pay
higher prices.
St. Louis-based U.S. District Judge Sarah Pitlyk ruled on
Friday that farmers and other plaintiffs failed to present
sufficient allegations that the companies had violated U.S.
antitrust law.
The farmers said Bayer and others schemed to collectively
boycott electronic "crop inputs" platforms, depriving the
ability of farms and other purchasers to make effective cost
comparisons for key agricultural materials.
Pitlyk said the plaintiffs' allegations did not rebut the
companies' claims that their practices served legitimate
business purposes. She faulted the plaintiffs for advancing
"mere generalizations" in their lawsuit.
Bayer, Corteva ( CTVA ), Syngenta and BASF, another defendant,
welcomed the court's ruling in separate statements. Bayer said
the crop input market is "competitive, fair and diverse."
Corteva ( CTVA ) said it will continue to "vigorously" compete in
agricultural markets.
All of the defendants had denied any wrongdoing.
Attorneys for the plaintiffs at law firms Lockridge Grindal
Nauen and Gustafson Gluek declined to comment.
The case includes lawsuits that were filed across the
country in 2021. The crop protection chemicals at issue include
fungicides, herbicides and insecticides.
Farmers accused wholesale and retail outlets of pressuring
manufacturers such as Bayer not to deal with emerging e-commerce
platforms that would have opened the crop input market to
greater price transparency.
The defendants countered that there was no evidence
supporting the plaintiffs' conspiracy claims, and that any
resistance to the electronic platforms "was entirely consistent
with each individual defendant's independent commercial
interests."
The case is In re: Crop Inputs Antitrust Litigation, U.S.
District Court, Eastern District of Missouri, No.
4:21-md-02993-SEP.
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