"John Deere has agreed to pay $99 million to settle a class action suit brought against it by farmers seeking the ability to repair their own equipment. The class action suit accuses John Deere of creating a monopoly on the repair market for its tractors and other farming equipment by restricting access to high-tech tools and services."
"If approved, the settlement money would go into a fund and eventually be distributed to Deere equipment owners who can prove they paid for dealership repairs sometime since 2018. In the settlement, John Deere also says it will make repair tools and services more widely available for the next 10 years."
"The agricultural manufacturing company emphasized in a statement that the settlement 'brings this case to an end with no finding of wrongdoing.'"
John Deere has agreed to a $99 million settlement in a class action lawsuit filed by farmers who claimed the company monopolized the repair market for its equipment. The lawsuit accused John Deere of limiting access to essential repair tools and services. If the settlement is approved, funds will be distributed to equipment owners who can demonstrate they paid for dealership repairs since 2018. Additionally, John Deere will enhance access to repair tools and services for the next decade, while asserting no wrongdoing in the case.
Read at ABA Journal
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