You say potato, we say monopoly: seed firm loses exclusive rights

News

You say potato, we say monopoly: seed firm loses exclusive rights

Seed grower agrees to release its exclusive rights to a prized varietal after being accused of anticompetitive conduct

Journalist

Having a monopoly on a varietal of potato must have been an ap-peel-ing prospect for a SA company, but after an investigation by the Competition Commission, it has been revealed the plan was half-baked – and anticompetitive.

Wesgrow, a company based in North West, is a prominent potato seed grower that supplies varieties of potato seeds to commercial farmers across the country. However, the company landed itself in hot water in 2015 when it was accused of hoarding the rights to distribute the seedlings of one of its key products, the Mondial potato.

Now, after years of Competition Commission (CC) complaints and negotiations, this past week an agreement was reached that the Mondial was no longer just the property of Wesgrow and its Dutch partner, HZPC Holland...

This article is reserved for registered Times Select readers.
Simply register at no cost to proceed. If you've already registered, sign in below.

Times Select

Already registered on TimesLIVE, BusinessLIVE or SowetanLIVE? Sign in with the same details.

Questions or problems?
Email helpdesk@timeslive.co.za or call 0860 52 52 00.

Previous Article