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It's been many years since I was actively involved in agriculture, but I don't recall John Deere being a monopoly. There were choices including Ford, Case, Mass
by phillc73 7y ago
It's been many years since I was actively involved in agriculture, but I don't recall John Deere being a monopoly. There were choices including Ford, Case, Masse Ferguson, Kubota, New Holland and then regionally brands like MTZ and Steyr.
That's not to say they're not all participating in the same practices, I just don't know, but is Deere really a monopoly?
- macintux 7y agoPer this page, Deere has over 30% of the market; I don't know that would be considered a monopoly, but assuming the rest of the market is heavily fragmented, it's certainly a dominant position. https://csimarket.com/stocks/compet_glance.php?code=DE https://csimarket.com/stocks/compet_glance.php?code=DE
- Eric_WVGG 7y agoTrue. My usual very-unscientific method is a search for "john deere vs" which turned up some alternatives but they seemed to be obscure to the point of giving Deere an effective monopoly, but yeah I don't really know.
- wavefunction 7y agoDriving through rural Texas I've even seen a Tata dealership.
- ameister14 7y agoI think Deere has about 25-35% of the market, with New Holland and Kubota in there afterwards