According to the Euractiv.com article "Disgruntled GMO firms start pulling out of EU market" Monsanto has announced that it will cancel plans to sell an insect-resistant maize in France, the second move in a weekly by biotech company to retreat from the genetically modified foods market in Europe.
German's chemical company BASF also has suspended the development of GM crops in Europe and move its plant science arm to the United States.
"No one wants to eat them and few farmers want to grow them," explained Adrian Bebb, food campaigner for Friends of the Earth Europe.
This is encouraging for anti-GMO activists in the United States, because it is evident that government regulations of GMO crop development and distribution discourages biotech companies. This means that the labeling the 93% of Americans demand along with some closer regulation of the distribution of GMOs (currently genetically modified blue grass seed and alfalfa have the same regulations as non-GMO strains) can seriously impede Monsanto and other GMO companies.
Many Americans don't want to eat GMOs and many farmers would prefer that GMOs were heavily regulated or banned because of the continued risk of contamination.
Check out Friends of the Earth Europe's page about GMOs for more information.