Corteva to Pay $35M to Settle Lawsuit Alleging the Company Paid to Block Competitors From Selling Less Expensive Pesticide Products to Farmers

Corteva, Inc. will dismantle its crop loyalty program and pay $35 million to 12 plaintiff states in a settlement with the Federal Trade Commission and those states announced on Monday, as part of an ongoing lawsuit alleging the company paid distributors to block competitors from selling less expensive generic pesticide products to farmers.

The settlement filed in the U.S. District Court for the Middle District of North Carolina prohibits Corteva from requiring customers to buy more than 50% of certain pesticide needs from the company to qualify for benefits.

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