Deere sued by US FTC over alleged agricultural equipment repair monopoly
By Chris May ( January 15, 2025, 17:09 GMT | Insight) -- Deere & Company’s illegal repair restrictions have boosted the company’s multi-billion dollar profits while driving up costs for farmers and suppressing competition for independent repair services, the US Federal Trade Commission said today in a lawsuit.Deere & Company’s illegal repair restrictions have boosted the company’s multi-billion dollar profits while driving up costs for farmers and suppressing competition for independent repair services, the US Federal Trade Commission said today in a lawsuit....
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