By Sky Chadde
Bayer has agreed to suspend for seven years pillars of its loyalty programs, which Trump administration officials called “unfair provisions” that “pose a danger to competition,” the U.S. Department of Justice announced Wednesday.
The agreement relates to how Bayer sells the seeds it produces through years of research and development. Bayer sells corn and soybean seeds to middlemen who then sell to farmers. To maintain the middlemen’s loyalty, Bayer implemented incentives that prevented resellers from seeking out potentially cheaper alternatives, according to the DOJ.