Deere reaches settlement in repair services antitrust litigation

Deere (DE) “announced that it has reached a settlement agreement to resolve the multidistrict “right to repair” litigation pending in the United States District Court for the Northern District of Illinois. This settlement addresses the issues raised in the 2022 complaint and brings this case to an end with no finding of wrongdoing. As part of the settlement, Deere will deposit funds into a class settlement fund. The funds will be distributed to class members pursuant to a Court-approved distribution plan and used to cover administrative and legal fees. Additionally, Deere will continue to support customers and other service providers with access to repair resources, including tools, manuals, and diagnostic software.”