They do have "basis in reality", and of course the numbers are down now because this has been going on for 20 or so years, and 80+% of north American food supply is either a product of GMO or infected with their "property"... So they don't have to go out in force as much as they did 10-15 years ago.
Court To Monsanto: You Said You Won't Sue, So You Can't : The Salt : NPR
Your article only seems to bind crops by Monsanto in the US. It also seems to address one of the issues for which Monsanto has sued farmers elsewhere. However, the global reality is a lot different. Monsanto is regularly entangled in federal courts around the world because of its aggressive intellectual rights practices against farmers.The organic farmers, however, partial victory, because the court's decision binds Monsanto to this promise. Up to now, it was just a on the company's website. Now, it's enshrined in the legal record.
In fact, according to the judges, since the decision to reject the organic farmers' claims relies explicitly on Monsanto's policy statements, "those representations are binding."
The reason is something called "judicial estoppel" — the common-law principle that someone can't use an argument to win one case and then turn around and argue the opposite in a different case.
Now, I'm the biggest defender of intellectual property rights - but even I found their tactics deplorable. What Monsanto does isn't like asking somebody to buy their music. It's like asking somebody to buy a CD, then charge them per listening session of that CD. It's downright evil and sets a dangerous precedent in other biotech businesses.
For example, say company X creates organs out of tissue. It then sells those organs to people. What is to stop a company from selling those organs and then charging rent on their usage (like the 2% Monsanto charges)? What's to stop them from repossessing those organs if rent isn't paid? It sets a dangerous precedent indeed. What Monsanto has done is basically set the precedent that creating something in the lab means the ability to charge rent for that product even after it has been purchased and is legally owned by the user.
I refuse to accept the view that mankind is so tragically bound to the starless midnight of racism and war that the bright daybreak of peace and brotherhood can never become a reality. - MLK