( September 28, 2026, 14:01 GMT | Official Statement) -- MLex Summary: The Federal Trade Commission and a coalition of state attorneys general have reached a settlement in antitrust litigation against pesticide manufacturer Corteva that will lead to lower pesticide prices for American farmers, the FTC said in a statement. As part of the settlement, Corteva will dismantle its existing pesticides loyalty program, which has limited distributors’ ability to do business with generic competitors that seek to enter the market after Corteva patents have expired, the FTC said. For a period of 10 years, the stipulated order will prohibit Corteva from conditioning payments or other benefits to a distributor on that firm purchasing a high share of a given pesticide active ingredient from Corteva or similarly limiting its purchases of generic equivalents, it said. The settlement resolves only the claims against Corteva. Litigation against Syngenta remains ongoing.Statement follows below. See attached file....
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