financetom
Business
financetom
/
Business
/
US FTC probing Deere over customers 'right to repair' equipment
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US FTC probing Deere over customers 'right to repair' equipment
Oct 17, 2024 12:19 PM

Oct 17 (Reuters) - The U.S. Federal Trade Commission is

probing farm equipment maker Deere over the company's

repair policies, according to a filing made public on Thursday.

The agency is investigating whether Deere engaged in

anticompetitive or unfair practices, the filing with the FTC

showed.

The investigation, authorized on Sept. 2, 2021, focuses

on repair restrictions manufacturers place on hardware or

software, often referred to by regulators as impeding customers'

"right to repair" the goods they purchase.

The probe was made public through a filing by data

analytics company Hargrove & Associates Inc, which sought to

quash an FTC subpoena.

A spokesperson for the FTC declined to comment, and a

representative for Deere did not immediately respond.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
National Bank Reviews EQB's Q2 Results
National Bank Reviews EQB's Q2 Results
May 30, 2024
02:38 PM EDT, 05/30/2024 (MT Newswires) -- EQB reported Q2/24 adjusted EPS of $2.81 vs. NBF $2.71 and consensus $2.66. EQB's better than expected Q2 2024 EPS was the result of top-line outperformance, notes National Bank. Results were highlighted by 10 bps of sequential NIM expansion (with some help from prepayment income). Although the top-line performance was impressive, analyst Gabriel...
--FAA to Continue Enhanced Oversight of Boeing Following 3-Hour Meeting
--FAA to Continue Enhanced Oversight of Boeing Following 3-Hour Meeting
May 30, 2024
01:51 PM EDT, 05/30/2024 (MT Newswires) -- Price: 173.75, Change: +2.10, Percent Change: +1.22 ...
What's Going On With Pure Storage Stock Thursday?
What's Going On With Pure Storage Stock Thursday?
May 30, 2024
Pure Storage, Inc. ( PSTG ) shares are trading higher Thursday following the company’s quarterly earnings announcement. What To Know: Pure Storage ( PSTG ) reported financial results for the first quarter of fiscal-year 2025 after the market close on Wednesday. The results included adjusted EPS of 32 cents, which came in ahead of analyst estimates of 21 cents. The...
US FAA says United Airlines can take deliveries of new airplanes
US FAA says United Airlines can take deliveries of new airplanes
May 30, 2024
WASHINGTON, May 30 (Reuters) - United Airlines can take delivery of new airplanes as U.S. aviation regulators review the carrier, the head of the Federal Aviation Administration said Thursday. We are permitting them to take deliveries of aircraft. Most of those aircraft have been one-on-one replacements for missing aircraft, FAA Administrator Mike Whitaker told reporters at a briefing. Some of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved