It's not a red herring, merely the usual result of big-business-hating liberals. Their policies tend to make doing business so expensive that only very-big-business can afford them. Monsanto will have the wherewithal to wait out the interminable environmental impact statement and adjust its business model to the results.
What remaining small seed companies there are will be weakened and perhaps even go out of business.
To pretend one is writing upon behalf of numerous small players without mentioning that Monsanto (the biggest player in the market) is the holder of the patents on glyphosate-tolerant seeds IS a red herring. Big businesses are usually the instigators of regulatory action via donations to green activists from the major stockholders' tax-exempt "charitable" foundations.
I'd suggest you get outside the usual "us versus them" game and learn more about how regulatory government really works. Start here. Oh, and here are the reviews to my first book on the topic.