John Deere agreed to settle antitrust lawsuit and pledged $99 million and all necessary assistance to let customers repair their own farm equipment without going to Deere dealers.
“As demand for U.S. energy and utility infrastructure solutions accelerates, this transaction places CRH at the forefront of an immense growth opportunity,” said CEO Jim Mintern.
US equipment giant filed a claim with the International Trade Commission alleging its South Korea-based rival violated patents—seeking an investigation that could potentially halt imports of machines
Class action lawsuit asserts contractor's right to repair its own skid steers, compact loaders and excavators without going through Deere or its dealer network.
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