Gustafson Gluek Files Lawsuit Over Price Fixing of Crop Inputs
Gustafson Gluek has filed a case against agricultural supply manufacturers, wholesalers, and retailers, including Bayer CropScience, Corteva, BASF, and Syngenta, on behalf of farmers around the country alleging that these companies colluded to boycott emerging online sales platform rivals to restrict competition and fix prices for crop inputs at artificially inflated levels. The market for crop inputs (i.e., seeds and crop protection chemicals such as fungicides, herbicides, and insecticides) has seen prices rising at rates that far outpace crop yields, in part because the defendants have denied farmers access to product pricing information. New online sales platforms, like Farmers Business Network and AgVend, threatened to reduce the defendants’ control over crop inputs pricing by providing farmers with more product pricing information, so farmers could find the best deal. This case comes on the heels of an investigation by the Canadian Competition Bureau into Defendants’ similar conduct in the Canadian market for crop inputs.
If you have purchased crop inputs manufactured by Bayer AG, Bayer CropScience Inc., Bayer CropScience LP, Corteva Inc., BASF Corp., or Syngenta Corp. from 2014 to the present, you may have a claim. For more information or to speak to someone about this case, please contact Gustafson Gluek.
Thumbnail Photo by Keagan Henman