FTC sues John Deere for ‘unfairly’ raising repair costs on farm equipment

Share via:


John Deere’s “unfair” practices raised repair costs for farmers and kept them from being able to make repairs on tractors and other equipment they own, the Federal Trade Commission (FTC) alleges in a new lawsuit.

The FTC and attorneys general for Illinois and Minnesota filed suit today in a long-running fight for the right to repair — a battle that’s become more heated as Deere increasingly incorporated software into farm equipment. The complaint accuses John Deere of “decades” of unlawful practices that forced farmers to turn to the company’s own network of authorized dealers for repairs.

“Illegal repair restrictions can be devastating for farmers, who rely on affordable and timely repairs to harvest their crops and earn their income,” FTC Chair Lina Khan said in a press release today. “The FTC’s action today seeks to ensure that farmers across America are free to repair their own equipment or use repair shops of their choice—lowering costs, preventing ruinous delays, and promoting fair competition for independent repair shops.”

Deere produced “the only fully functional software repair tool capable of performing all repairs” on its equipment, according to the FTC. It says the tool was only made available to the company’s dealers, which charged higher prices than independent shops. That unlawfully gave Deere “monopoly power” for certain repair services, the FTC alleges.

Deere says it supports customers’ right to repair equipment. The company signed a memorandum of understanding with the American Farm Bureau Federation (AFBF) in January 2023 that was supposed to make its software, tools, and documentation available so that farmers and independent shops can make their own repairs.

“We have and remain committed to enabling customers to repair the products that they buy,” John Deere CTO Jahmy Hindman said in a 2021 Decoder interview.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Team SNFYI
Hi! This is Admin.

Popular

More Like this

FTC sues John Deere for ‘unfairly’ raising repair costs on farm equipment


John Deere’s “unfair” practices raised repair costs for farmers and kept them from being able to make repairs on tractors and other equipment they own, the Federal Trade Commission (FTC) alleges in a new lawsuit.

The FTC and attorneys general for Illinois and Minnesota filed suit today in a long-running fight for the right to repair — a battle that’s become more heated as Deere increasingly incorporated software into farm equipment. The complaint accuses John Deere of “decades” of unlawful practices that forced farmers to turn to the company’s own network of authorized dealers for repairs.

“Illegal repair restrictions can be devastating for farmers, who rely on affordable and timely repairs to harvest their crops and earn their income,” FTC Chair Lina Khan said in a press release today. “The FTC’s action today seeks to ensure that farmers across America are free to repair their own equipment or use repair shops of their choice—lowering costs, preventing ruinous delays, and promoting fair competition for independent repair shops.”

Deere produced “the only fully functional software repair tool capable of performing all repairs” on its equipment, according to the FTC. It says the tool was only made available to the company’s dealers, which charged higher prices than independent shops. That unlawfully gave Deere “monopoly power” for certain repair services, the FTC alleges.

Deere says it supports customers’ right to repair equipment. The company signed a memorandum of understanding with the American Farm Bureau Federation (AFBF) in January 2023 that was supposed to make its software, tools, and documentation available so that farmers and independent shops can make their own repairs.

“We have and remain committed to enabling customers to repair the products that they buy,” John Deere CTO Jahmy Hindman said in a 2021 Decoder interview.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

Team SNFYI
Hi! This is Admin.

More like this

Kapiva Launches INR 50 Cr Fund To Back Ayurveda...

SUMMARY D2C ayurveda brand Kapiva has launched a INR...

Report details the AI chatbots Apple uses to boost...

While Apple hasn’t released an AI chatbot to...

Kamal Associates Presents Premium 2BHK, 3BHK & 4BHK Flat...

New Delhi , January 21: When it comes...

Popular

buy iptv subscription buy iptv service iptv subscription for sale best iptv subscription cheap iptv subscription premium iptv subscription iptv subscription deals iptv service provider buy iptv online iptv streaming service iptv plans online iptv subscription online best iptv provider iptv service for sale buy premium iptv iptv membership iptv subscription price iptv monthly subscription iptv yearly subscription iptv subscription packages buy iptv connection iptv reseller subscription iptv service deals iptv live tv subscription iptv sports subscription iptv 4k subscription iptv hd subscription buy iptv for smart tv iptv subscription instant activation iptv no contract subscription reliable iptv service secure iptv subscription fast iptv service iptv multi device subscription iptv trial subscription iptv service with support buy iptv playlist iptv m3u subscription iptv xtream codes subscription iptv subscription buy now iptv-portugal portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv portugal iptv