On Monday, farming equipment manufacturer John Deere announced it would pay $99 million in a settlement to a class action lawsuit brought on by its customers. The suit accused the company of restricting access to tools and repairs of its tractors and other farming equipment, effectively leveraging a monopoly on the repair market for its products.
The money, if accepted by the farmer-aligned plaintiffs, will go into a fund, then eventually be distributed to Deere equipment owners who can prove they paid…
