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-0.000437626177658027 -0.000504710632570559 0.000462651413189829 0.00181317294751016 0.00369069650067306 0.00146155787348597 0.00616167563930015 0.0100311238223419
Stock impact report

Deere dissects FTC's right-to-repair lawsuit [Yahoo! Finance]

Deere & Company (DE) 
Last deere & company earnings: 2/21 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.deere.com/home/default.aspx
Company Research Source: Yahoo! Finance
Deere & Co. last week filed an answer to the Federal Trade Commission's lawsuit alleging the tractor manufacturer holds a monopoly over its repair services, unfairly drives up costs and restricts farmers from fixing their equipment in a timely manner. Attorneys defended the John Deere maker in Illinois federal court , taking the original 37-page complaint apart piece by piece with answers for nearly every paragraph, repeatedly denying allegations that its “business practices are unlawful.” Deere representatives also sought dismissal of the FTC's lawsuit, which was filed in Jan. 15 with attorneys general from Illinois and Minnesota. Arizona, Michigan and Wisconsin have since joined the suit. The issue over equipment repair practices has been building for years, with technological advancements that companies say are designed to make consumers' lives easier actually creating headaches for those looking to fix their cars , tractors or smartphones. As more proprietary technologies Show less Read more
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