from businessweek.com: An expensive fight in Washington state over whether to label foods with genetically modified ingredients appears to have been decided largely by arguments that such labels would lead to higher grocery costs. With most of the votes counted, it appears Initiative 522 to require GMO labeling will lose by a 10-point margin. The Grocery Manufacturers Association, a trade group that represents big food companies such as Campbell Soup (CPB), General Mills (GIS), Hillshire Brands (HSH), and PepsiCo (PEP), spent more than $11 million to defeat the ballot measure. Antilabeling donations from DuPont (DD), Monsanto (MON), and Bayer CropScience totaled another $11 million spent to warn that the measure would be “misleading and costly for consumers,” as a DuPont spokeswoman explained.
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