Trending Now - Deere & Co to Pay $99 Million to Resolve Repair Lawsuit

WHO:

Fast Company - Deere & Co., a farm equipment manufacturer based in Moline, Illinois, operates under the John Deere brand.

ABC News - Denver Caldwell, vice president of aftermarket and customer support at Deere, stated the company's position.

AP News - The Federal Trade Commission (FTC) is involved in separate litigation against Deere.

WHAT:

Fast Company - Deere & Co. has agreed to pay $99 million to settle a class action lawsuit.

ABC News - The lawsuit accused Deere of monopolizing repair services and withholding repair software.

AP News - The settlement fund will benefit class members who paid for large agriculture equipment repairs.

WHERE:

Fast Company - The lawsuit was filed in federal court in Illinois.

ABC News - The company is based in Moline, Illinois.

WHEN:

Fast Company - The lawsuit that led to the settlement was filed in 2022.

ABC News - The settlement fund will cover payments made for repairs from January 10th, 2018, until the date of the deal's preliminary approval.

AP News - The FTC sued Deere in January 2025.

WHY:

Fast Company - Plaintiffs alleged that Deere and its dealers charged higher prices due to monopolistic practices.

ABC News - Deere agreed to the settlement to focus on serving customers, despite denying any wrongdoing.

HOW:

Fast Company - The settlement includes additional injunctive relief to improve access to repair resources and diagnostic checks.

ABC News - The lawsuit claimed Deere conspired with authorized dealers to limit farmers' repair options.

(UPDATED April 7, 2026 19:21 UTC)

Deere & Co., the farm equipment manufacturer based in Moline, Illinois, has agreed to pay $99 million to settle a class action lawsuit that accused the company of monopolizing repair services and withholding repair software. The lawsuit, filed in federal court in Illinois in 2022, claimed that Deere and its dealers charged higher prices due to monopolistic practices, and the settlement fund will benefit class members who paid for large agriculture equipment repairs from January 10thth, 2018, until the preliminary approval of the deal. Although Deere denied any wrongdoing, the company stated that it agreed to the settlement to focus on serving customers and will also implement additional measures to improve access to repair resources and diagnostic checks.