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It's a huge barrier to market entry effectively making for a natural monopoly. In farm equipment it's John Deere and Caterpillar and they don't have that much o
by cmurf 10y ago
It's a huge barrier to market entry effectively making for a natural monopoly. In farm equipment it's John Deere and Caterpillar and they don't have that much overlap product wise these days.
If you go through the long list of farming equipment companies, they're all gone now. Defunct, or conglomeration.
- pacaro 10y agoAt some point anti-trust should kick in, regardless of the origin of the monopoly, the theory behind anti-trust is to protect the consumer
- randomdata 10y ago> In farm equipment it's John Deere and Caterpillar Caterpillar? In agriculture? Do you mean Challenger (AGCO) or CLAAS, both of whom have used Caterpillar branding at points in the past? Although neither of them have recently. Curiously, you're the second person to have mentioned Caterpillar being involved in agriculture in this discussion. Which surprises me. They are not a player at all, outside of some overlap use of their industrial products (skidsteers, payloaders, etc.)
- cmurf 10y agoYes they explicitly target that market. http://www.cat.com/en_US/by-industry.html http://www.cat.com/en_US/by-industry.html Agriculture is a broad market, not limited to plows and combines which are more specific and that's where JD is at. Like I said, not much overlap.
- randomdata 10y agoYes, like I said, they sell their segment of industrial equipment that is also useful in agriculture to people involved in agriculture. Your link echoes that. It's also small potatoes in the grand scheme of things. Why are you putting them ahead of big players in agriculture like CNH and ACGO? In fact, Massey Ferguson (ACGO) is considered to have the largest tractor band in the world.