Exhibit 638 ยท Press release
FTC, States Secure Settlement with Deere & Company, Advancing Farmers' Right to Repair
By withholding these repair capabilities, the complaint alleged Deere unlawfully acquired and maintained monopoly power in markets for repair services for Deere farm equipment.
The FTC and Illinois, Arizona, Michigan, Minnesota and Wisconsin sued Deere in January 2025 (N.D. Ill.). The proposed stipulated order requires Deere, for ten years, to give farmers and independent repairers repair resources equivalent to those it gives dealers. Commission vote 2-0. A settlement, not a finding.
- Source
- Federal Trade Commission
- Date
- 8 July 2026
- Quoted from
- Paragraph 5
- Grade
- Primary record
- Document
- https://www.ftc.gov/news-events/news/press-releases/2026/07/ftc-states-secure-settlement-deere-company-advancing-farmers-right-repair
- Accessed
- 2026-11-09
- Cited by
- Findings citing this exhibit