Perfect Paragraph 4

In the agriculture industry, only a handful of companies own the rights of a few strains of genetically modified (GM) crops. This monopoly over the agriculture space results in abusive behavior, such as lawsuits for patent infringment when farmers re-use GM seed (Bowman v. Monsanto). However, with the advent of realtively inexpensive methods of gene editing, this monopolization could soon come to an end. The expensive process of utilizing agrobacterium-mediated transformation of plants is being replaced by the reasonably priced, more percise method of CRISPR editing. Not only is this an economical and more accurate alternative, but CRISPR modification of crops will not necessarily require the GMO label on the final product-a label that bears a negative connotations in the eyes of consumers. Because of this, small agriculture companies and startups such as Inari in Boston, will soon be able to compete with the likes of Bayer Crop Science, who recently completed its aquisition of Monsanto. The addition of competition in such a centralized field is likely to spark innovation and reduce seed prices for farmers, two outcomes that are welcome news in the agricultural space.