FTC And States Attorneys General Announce Settlement With Corteva Barring Pesticide Loyalty Programs For 10 Years, Corteva To Pay States $35M

The Federal Trade Commission (FTC) and several state attorneys general have reached a settlement with Corteva, which prohibits the company from implementing pesticide loyalty programs for the next 10 years. As part of the settlement, Corteva will pay $35 million to the states. This agreement aims to protect farmers by promoting lower pesticide prices and addresses antitrust concerns related to Corteva's business practices.