Bayer promises to suspend ‘unfair provisions’ in seed contracts for several years, Trump administration announces

Bayer has agreed to suspend key provisions of its seed loyalty programs for seven years, as per an agreement with the Trump administration's Department of Justice (DOJ), which labeled the provisions as unfair and harmful to competition. The DOJ cited concerns that Bayer's incentives for resellers discouraged seeking cheaper alternatives, potentially raising prices for farmers. The agreement includes dropping the requirement for resellers to meet combined corn and soybean sales targets to receive discounts.