Monsanto being investigated by Iowa Attorney General
By Julie Bierach, KWMU
Saint Louis, MO – The St. Louis Based agricultural firm Monsanto says it will comply with a Civil Investigative Demand from the Iowa Attorney General's Office seeking information about the company's business practices.
Iowa Attorney General Tim Miller wants information regarding Monsanto's seed, trait and chemistry related licensing and marketing programs.
Tami Craig-Schilling, a spokeswoman for Monsanto, says she won't speculate as to why the Attorney General has made the inquiry, but believes it could have something to do with the increasing demand for biotechnology.
"We think that it's understandable that an Attorney General is going to want to find out more information, going to want to understand more about the practices that are going on with companies that are playing in that sector," said Craig-Schilling.
Craig-Schilling says the CID is an opportunity for Monsanto to provide information to Attorneys General about their practices in a confidential manner.
"So that we can have open dialogue, share information about programs, our distribution, the way we bring our products to market, etcetera," said Craig-Schilling. "So it's a request for information, not a claim or allegation that anything has occurred."
Attorney General Tim Miller's office would not comment on tape, but in a written statement confirmed the CID was issued and is part of an inquiry into possible antitrust violations by Monsanto.