By Josh AmadorA new lawsuit between Amazon and the US agriculture industry is the latest example of the growing tension between the two tech giants, with Amazon demanding a price cut for Monsanto’s seeds and Monsanto threatening to sue Amazon for patent violations.
The two companies sued each other earlier this month in a lawsuit filed in the US District Court for the Eastern District of California.
Both companies are claiming that each other’s products infringe upon their patents, with Monsanto threatening that it will stop using Amazon’s patented seeds.
The case comes at a time when the industry is trying to find new ways to address the rising cost of agricultural products, as well as to avoid further patent infringement.
The growing cost of seeds is partly a result of the introduction of cheaper, more sustainable varieties, but it also has a lot to do with the growing popularity of biotech crops and other biotech technologies.
For example, soybeans and corn have become increasingly expensive in recent years.
The average price of soybeans has increased by 25 percent over the past five years.
While corn prices have declined, soybean prices have increased by more than 70 percent, according to the USDA.
The lawsuit between the companies, filed on Thursday, names as defendants the following companies: agribusiness giant Monsanto, agribushan Monsanto Co., agrochemical company Dow AgroSciences, agrochemicals company DowDuPont, agri-chemical company Syngenta, agronomic giant Cargill, and the Agricultural Marketing Association.
It also names the US Department of Agriculture, the National Association of Manufacturers, and other agribustrators.
The complaint seeks a price reduction of between 5 and 8 percent on Monsanto’s crop seeds, for the use of its patented varieties, and between 1 and 3 percent on Dow’s crops.
In addition, Monsanto wants a 5 percent cut on its seeds, a 3 percent cut for Syngencies products, and a 2 percent cut from the agribusean’s products.
The USDA also wants the USDA to order Syngents to pay a 5.75 percent cut in royalty payments to farmers, and to stop using Monsanto’s patented varieties in its products.
Monsanto says it is not asking for a specific price cut.
The US District Judge for the District of Columbia has set a hearing for Friday to hear the case.