RE: How Libertarians Can End Monsanto's Monopoly! (With Joel Salatin)

[joshsigurdson]

Agreed, but Monsanto has dominance perpetrated by the state in the first place. This can be easily construed and rightly so as a monopoly considering their patent rights over seeds and the incentive farmers have to use their seeds, pesticides and herbicides.
Other companies may produce seeds, but compared to those companies, Monsanto is about 50 thousand times bigger than their second place competitor. This is a big deal and would not exist if the regulations, taxes and subsidization wasn't in place. That's the point being made.

Comments

[everittdmickey]

• Monsanto (MON) is a multinational company that provides seeds and agriculture products to farmers worldwide. Its business is divided into two main divisions: seeds and genomics and agricultural productivity. It has a market capitalization of almost $50 billion and net sales of $13.5 billion for fiscal year 2016, a 10% decline from the year before.
  .
  Major competitors for Monsanto Company in the seeds and genomics space include multinational American giant Dow Chemical Company (DOW) Market Cap 77.48B , agricultural genomics firm Evogene Ltd., and seed and chemical supplier Syngenta (SYT) ****Market Cap, 41B***., based in Switzerland.
  .
  Major competitors for Monsanto in the agricultural productivity division include retail fertilizer and agricultural product supplier Agrium (AGU) Market Cap, 12.32B., insecticide and herbicide producer American Vanguard (AVD); fertilizer producer CF Industries Holdings (CF); nitrogen fertilizer producer CVR Partners (UAN), fertilizer and agricultural product producer Chinese Green Agriculture, fertilizer and chemical product producer Israel Chemicals; bio-based pest management product producer Marrone Bio Innovations; phosphate and potash miner The Mosaic Company; potash miner Potash Corporation of Saskatchewan; nitrogen fertilizer producer Rentech Nitrogen Partners; genomic company and herbicide producer Syngenta; nitrogen producer Terra Nitrogen Company; Eastman Chemical; Dow Chemical; FMC Corporation; and Honeywell International.

note: 77.48 Billion is larger than 50 Billion

math is hard.

not only is Monsanto NOT a monopoly it does not even have the major market share...it has a number of very strong competitors..

[joshsigurdson]

You're considering other subsidized industries as "competition" which is where I differ.

[everittdmickey]

of course you do.
I'm using the standardized meaning of the word.
you apparently have your very OWN definition..
how cute.