France’s highest court has ruled that U.S. agrochemical giant Monsanto had not told the truth about the safety of its best-selling weed-killer, Roundup. The court confirmed an earlier judgment that Monsanto had falsely advertised its herbicide as “biodegradable” and claimed it “left the soil clean.”It’s about time some court decided that. Now let’s hear some U.S. court say the same thing.
Maybe with more of a fine than this:
The company was fined 15,000 euros (£13,800; $22,400).Oh, wait:
Earlier this month, Monsanto reported a fourth quarter loss of $233m (£147m), driven mostly by a drop in sales of its Roundup brand.Now that’s getting closer to an appropriate size. Largely driven by the state of the economy no doubt. How about a court-imposed fine of that size or larger? Monsanto has a market cap of $43.6 billion so larger would be appropriate.