Deere & Co settles right-to repair lawsuit for $99 million
Deere & Co. has agreed to pay $99 million as part of a settlement that would resolve a class action lawsuit accusing the farm equipment giant of monopolizing repair services. The Moline, Illino...
Source: www.fastcompany.com
Deere & Co. has agreed to pay $99 million as part of a settlement that would resolve a class action lawsuit accusing the farm equipment giant of monopolizing repair services. The Moline, Illinois-based manufacturer, which does business under the John Deere brand, has faced a handful of “right to repair” complaints over the years. The deal announced Monday — which still needs final approval from the court — would settle a 2022 lawsuit that accused the company of withholding repair software and conspiring with authorized dealers to force farmers to use their services for repairs, when they could otherwise fix tractors and other equipment themselves or use independent alternatives. The plaintiffs alleged that meant Deere and its dealers could charge higher, “supracompetitive” prices and reap benefits from an “unlawfully restrained” market, per court filings. Deere has continued to deny any wrongdoing, and maintained Monday it’s dedicated to supporting customers’