CTVA · 10-Q · 2026Q4 · Full report

FTC Antitrust Settlement

Corteva, Inc. · 2026-11-12 · Importance 42 · Surprise 60

The Federal Trade Commission and attorneys general from multiple states sued Corteva and a competitor over alleged anticompetitive conduct involving crop-protection products. In September 2026, Corteva and the FTC filed a joint motion to settle, and on November 11, 2026, the federal court indicated its intent to approve the settlement. The settlement restricts certain loyalty and rebate programs and requires compliance reporting; approval of the related multidistrict litigation settlement is expected in the first half of 2027, and the Arkansas settlement hearing is scheduled for December 2026. Corteva had accrued its estimated resolution of claims as of September 30, 2026.

Key facts

• In September 2026, Corteva and the FTC filed a joint motion to settle the FTC lawsuit; at a November 11, 2026 hearing, the federal court indicated its intent to approve the settlement. source
• The FTC settlement requires Corteva not to engage in certain loyalty and rebate programs and to meet certain compliance reporting obligations. source
• The federal court entered a preliminary order approving the FTC multi-district litigation settlement, with approval expected in the first half of 2027. source
• The hearing to approve Corteva's State of Arkansas settlement was scheduled for December 2026. source
• Corteva’s nine-month 2026 other income (expense), net included estimated settlements associated with lawsuits described in the Federal Trade Commission Investigation section. source
• As of September 30, 2026, Corteva had established an accrual for the estimated resolution of claims related to the FTC lawsuit and associated litigation. source