The jury awards $ 2 billion to a Californian couple who say that Bayer's Rounder herbicide gave them cancer / Boing Boing



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In 2018, the evil was punched in the arm when the Bayer Nazi collaborators were allowed to buy the Big Ag monopolies, Monsanto, celebrating the marriage by getting rid of the Monsanto name (on the grounds that Monsanto's tactics had tarnished their reputation far worse than that of Bayer's slave concentration camps and fatal medical experiments on Jews and others imprisoned by the Nazis, not to mention their notorious product Zyklon B) .

Monsanto's flagship product is Roundup (glyphosate), a herbicide that works in conjunction with genetically modified crop strains unaffected by the active ingredients in glyphosate. Glyphosate has long been suspected of causing harm to humans and other living things, a finding corroborated by Monsanto's own internal memoranda accidentally exposed.

Bayer may regret his merger after a California jury awarded a couple $ 2 billion in damages in a lawsuit alleging that Roundup had given them cancer (Bayer says he's going to appeal ). 13,400 other Americans have lawsuits against the company.

Bayer shares have fallen 45% in the last 12 months (2% this week!). Bayer's management faces an avalanche of shareholder actions from furious investors who say that Monsanto's future responsibility for Roundup should have made the merger a no -strategist.

Last month, more than 55 percent of voting shareholders refused to approve management's actions at the company's annual meeting, a criticism that Berenberg analyst Sebastian Bray called "without previous "in Germany.

Investors want to know if Monsanto's management had done its homework before proceeding with a $ 63 billion merger, completed in 2018. Some believe that it's time to consider dramatic structural changes, such as the split of Bayer's pharmaceutical and agricultural activities.

Record balance of $ 2 billion for Bayer [Julia Horowitz/CNN Business]

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Cory Doctorow

I write books. My latest are: A graphic novel by YA titled In Real Life (with Jen Wang); a documentary book on the arts and the Internet titled Information Does not Want to Be Free: Laws for the Internet Age (with introductions by Neil Gaiman and Amanda Palmer) and a science fiction novel YA entitled Homeland (continuation of Little Brother). I speak everywhere and I tweet and tumble too.

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