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Author: | Cooley, D.R. |
Title: | Transgenic organisms and the failure of a free market argument |
Journal: | Business Ethics
2004 : OCT, VOL. 13:4, p. 354-371 |
Index terms: | Markets International trade Free trade Terms of trade Bio-technology Products Policy |
Language: | eng |
Abstract: | The paper argues that if transgenic products (or genetically modified (GM) products) are not in the best interests of producers, do not maximize utility, or are unacceptable to a market's buyers, then companies (such as Monsanto) should cease to expend more resources on trying to enter restricted markets, and turn to developing products that can satisfy all three conditions. |
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