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> This trend, unabated, is a weird form of monopoly power for lack of a better word. Deere controls around 40% of the North American agricultural machinery mar
by SideQuark 2y ago
> This trend, unabated, is a weird form of monopoly power for lack of a better word.
Deere controls around 40% of the North American agricultural machinery market [1]. This is so far from anything near any kind of monopoly it's ludicrous to call it so. No court has ever ruled anything anywhere near this low as any kind of monopoly. Everything you wrote predicated on this FUD is invalid.
> This is starting to get into the realm of arms manufacturing.
And this takes the hyperbole into crazy land.
> It's rapidly becoming a winner-takes-all market
Nope. The competition for making such machines is rapidly increasing as it's becoming easier, not harder to make ag equipment. Pressure from a huge host of countries whose economies are becoming first world is adding many other worthy candidates. CNH, Agco, Kubota, Case, New Holland, and many others are already making inroads. EU is the biggest ag market, and Deere has far less market share there than here, where the competitors have already made major inroads, and they're now moving imports and even production into the US.
> It's rapidly becoming a winner-takes-all market
Do you look at market data from investment firms or even at SEC filings from the major players? These statements are not based in any fact.
[1] https://www.nasdaq.com/articles/plowing-ahead:-john-deeres-crop-of-success-in-turbulent-markets https://www.nasdaq.com/articles/plowing-ahead:-john-deeres-c...