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Brazil court frees Monsanto to charge royalties

The Brazilian state of Rio Grande do Sul courts have granted Monsanto the right to charge royalties on its first-generation genetically modified glyphosate-tolerant Roundup Ready soybeans. Last month’s verdict included the finding that Monsanto’s set fee did not represent an abuse of market power. Monsanto’s royalty payment fee was set at 2% of the soybean produce gained, and has run since 2003/04.

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