Flutterby™! : John Deer to pay $99M for right to repair

A good start: John Deere to Pay $99 Million in Monumental Right-to- Repair Settlement

While the agricultural manufacturing giant pointed out in a statement that this is no admission of wrongdoing, it agreed to pay $99 million into a fund for farms and individuals who participated in a class action lawsuit. Specifically, that money is available to those involved who paid John Deere’s authorized dealers for large equipment repairs from January 2018. This means that plaintiffs will recover somewhere between 26% and 53% of overcharge damages, according to one of the court documents—far beyond the typical amount, which lands between 5% and 15%.

The article also reports that older used tractors ballooned in value as farmers sought out repairable devices.