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You'll Own Nothing and Be Happy: Why It's So Hard to Break John Deere's Control Over Farming

In the final days of the Biden administration, the Federal Trade Commission filed a flurry of cases, including one against farm equipment giant John Deere. A number of states - Illinois, Michigan, Wisconsin, Minnesota, and Arizona - joined the commission in the complaint. The allegations were that Deere, a monopolist in large combines and tractors, prohibited independent repair shops and farmers from fixing their own equipment, forcing them to go to official John Deere dealers for expensive repa...

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