2012-01-26
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U.S. biotech firm Monsanto said on Tuesday it does not plan to sell its genetically modified maize MON810 in France this year, nor after, even though the country’s highest court overturned a 3-year ban in November. “Monsanto considers that favorable conditions for the sale of the MON810 in France in 2012 and beyond are not in place,” the company said in a statement, adding that it had told the French authorities about its intentions.
2012-01-19
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Investors looking for growth in the safety of blue-chips tend to love tech stocks, where a single invention like the iPhone or an Xbox can crank up the share price of even a gigantic company. But those who believe in the power of patents might also check out Monsanto, a farming stock that performs very much like a good big-tech holding. Certainly, shares hold their own in performance comparisons. Monsanto’s market cap, now above $42 billion, beat most of the big-tech stocks on five-year returns.
2012-01-16
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The French government said on Friday it would uphold its ban on a strain of genetically modified maize developed by U.S. biotech firm Monsanto in 2012, even though France’s highest court overturned the moratorium last year. The ecology and agriculture ministers said in a statement they would maintain the ban on MON810, an insect-resistant strain of maize which is sold in several European countries, after meeting with farming groups.
2011-12-16
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A French farmer started court proceedings on Monday against U.S. agricultural group Monsanto, which he is suing for damages after inhaling a weedkiller manufactured by the firm which was later prohibited in France. [...] Grain grower Paul Francois, 47, says that inhaling Monsanto’s weedkiller Lasso in 2004, while he was cleaning the tank of his sprayer, caused him to suffer faintness and meant he had to go several times to hospital for neurological problems.
2011-11-30
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Genetically modified maize is unlikely to make it into French fields next year despite the lifting this week of a ban on a U.S. strain, as evidence rises that France will launch new restrictions, observers said on Tuesday. ”The French government keeps and will keep its opposition against the cultivation of the Monsanto 810 maize on our soil,” Sarkozy said during a visit in southwestern France.
2011-11-29
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France’s highest court on Monday overturned France’s ban on growing a strain of genetically modified maize (corn) developed by U.S. biotech firm Monsanto, saying it was not sufficiently justified. The decision follows a ruling by the European Court of Justice in early September saying France had based its decision to impose a moratorium on the growing of Monsanto’s insect-resistant MON810 maize on the wrong EU legislation. Suspension or banning measures ought to be taken at European Union level unless a member state can demonstrate a potentially serious risk to human or animal health or the environment, the courts said.
2011-09-09
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A member state that wishes to adopt emergency measures that suspend and then temporarily ban the use or placing on the market of a GMO notified as an ”existing product” in keeping with Regulation 1829/2003 on genetically modified food and feed may only do so under the conditions established by this regulation [...] In such a case, the member state must officially inform the European Commission of the need to take emergency measures. [...] The state must also establish, in addition to the urgency, the existence of a situation that is likely to constitute a clear and serious risk to human health, animal health or the environment.
2011-09-09
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The Court rules on the conditions under which the French authorities could introduce a provisional prohibition on the cultivation of MON 810 maize. In the present cases, emergency measures could be adopted under the conditions set out in the legislation governing human food and animal feed.
2011-07-01
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On June 28, 2011, the court of Poitiers in central France acquitted eight defendant Volunteer Reapers (les Faucheurs Volontaires) of destroying a genetically modified field trial in 2008. [...] The trial marked the third court victory for Volunteer Reapers. [...] The Poitiers decision relied on a technical issue which recognized that the wrong charges were brought against the group since they destroyed a GM field trial, not GM crops being commercially grown.
2011-03-23
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The European Court of Justice’s attorney general said on Tuesday France’s ban on a genetically modified maize developed by U.S. firm Monsanto was illegal. The opinion, although not binding, gives a clear indication as to how the court will ultimately rule in the case as it typically follows the views of its attorney general. [...] On Tuesday, the court’s attorney general said France ”could not suspend the planting of Monsanto’s MON810 genetically modified corn ... without having asked prior permission from the European Commission.”
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