Deere Settles Right to Repair Lawsuit for $99 Million
Deere & Co. has agreed to a $99 million settlement to resolve a class action lawsuit alleging monopolistic repair practices, a move that still requires court approval. The lawsuit accused the farm equipment manufacturer of withholding repair software and colluding with dealers to force farmers into using their services at inflated prices, thereby restricting market competition. While denying wrongdoing and asserting its commitment to customer repair access, Deere stated the settlement allows it to focus on serving its customers. The company also agreed to enhance the availability of repair resources and diagnostic tools, though it continues to face separate litigation from the Federal Trade Commission over similar allegations.
John Q. Hosedrinker