John Deere must pay farmers $99M in lawsuit for monopolizing equipment repair

John Deere must pay farmers $99M in lawsuit for monopolizing equipment repair

Farmers are celebrating a big win after agricultural machinery giant John Deere agreed to a $99 million settlement for a class action lawsuit, Farm Progress reported. The long-standing lawsuit concerns the "right to repair," alleging that John Deere, also known as Deere & Company, monopolized the market for repair services by restricting consumer access to "crucial software" needed to fix purchased machinery.  The plaintiffs argued that customer…