New problem(s) created. The "EVIL" company expended significant resources to create a seed that performs in a certain way, such as doesn't die when a very effective herbicide is applied, or produces a higher yield, or is more resistant to drought or pests, or has better emergence in soil type X, or is stronger, or whatever. The "old" seeds don't.
Monsanto, it appears, is not holding a gun to anyone's head forcing them to plant their seeds. Farmers do it because it increases their profits in terms of increased yield or decreased costs for herbicides or labor.
What's that? Monsanto seed is better? Well, I'm sure with a couple test tubes and some experimental plots, they can develop their own hybrids in a year or two. Again, problem solved.
You can't honestly think that hundreds of millions of dollars of high end genetic work on seed traits can actually be replaced by a "couple test tubes and some experimental plots" do you?
I'm not trying to be a jerk on this, but these farmers paid a premium for seed that behaved a specific way so they could make more money. That came with a trade off up front that required specific actions on the farmers part. If they don't like it they don't have to use it. But other farmers depend on the scientific advances that they are honestly funding when they purchase the seed. The cheaters are freeloaders.
Sure, that's how I developed my 90 mpg carberator attachment a few years back. (Sigh).
I WAS BEING SARCASTIC!