Submitted by ETC Staff on
According to the International Service for the Acquisition of Agri-Biotech Applications (ISAAA) the global area devoted to transgenic or genetically modified (GM) crops has increased more than 30-fold from 1.7 million hectares in 1996 to 52.6 million hectares in 2001. The statistics show an extraordinarily rapid market introduction. More astonishing is the concentration in ownership and control of GM crop technology. At this point in time, GM crop technology is dominated almost exclusively by a single company, in limited geographical areas. GM technology is deployed in four major industrial crops and focuses on just two GM traits.
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