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I have not been to a grocery store that sells "Deere-brand Large Ag Equipment"[0] - aka $200k-1M John Deere tractors/harvesters/combines - that are the subject
by not_kurt_godel 6mo ago
I have not been to a grocery store that sells "Deere-brand Large Ag Equipment"[0] - aka $200k-1M John Deere tractors/harvesters/combines - that are the subject of the settlement. Have you?
[0]: https://www.agri-pulse.com/ext/resources/pdfs/gov.uscourts.ilnd.415798.333.1.pdf https://www.agri-pulse.com/ext/resources/pdfs/gov.uscourts.i...
- laughing_man 6mo agoMy point is "competition works".
- scheeseman486 6mo agoYou're posting in a thread discussing news of a legal outcome that showed that free market competition did not prevent anti-competitive practices and instead required legal/regulatory intervention to solve.
- laughing_man 6mo agoTo say that these are "anti-competitive practices" is stretching the phrase beyond all meaning. If you don't like Deere's policies, you can always buy from Case IH or New Holland. There is plenty of competition in farm equipment.
- not_kurt_godel 6mo agoMost can't "always" immediately replace an incredibly expensive business asset that is only retroactively discovered to have been sold under deceptive terms. The free market works well in many instances, but it needs checks to ensure that it remains truly free and not captured by fraudulent actors that harm consumers and society at large.