SACRAMENTO, Calif., Sept. 28 -- The California Attorney General issued the following press release:
OAKLAND - California Attorney General Rob Bonta joined the Federal Trade Commission (FTC) and a coalition of 12 attorneys general in securing a settlement (https://oag.ca.gov/system/files/attachments/press-docs/syngentacrop-jointmotionforstipulatedorder.pdf) with agricultural chemical company Corteva, Inc. resolving the lawsuit challenging the company's use of loyalty rebate programs for crop-protection chemicals. The lawsuit alleged the programs restricted competition from lower-priced generic pesticides and contributed to inflated prices after patent and regulatory exclusivity periods expired. Under the settlement, Corteva will limit its l...