The FTC had been bordering on suing John Deere for years now. They (the executives) knew they were acting illegally, and persisted with the intent of turning a quick buck. The FTC really ought to make an example out of them; subpeona JD for all meeting minutes related to discussing their repair pricing. Anyone caught consciously promoting a pricing scheme they know is illegal should constitute a white-collar crime with upwards of a decade-long prison sentence.
I'm absolutely tired of pretending like there's simply nothing we can do to discourage this behavior. Wake up the regulators and make the companies like John Deere regret trying to abuse the market.
I'm absolutely tired of pretending like there's simply nothing we can do to discourage this behavior. Wake up the regulators and make the companies like John Deere regret trying to abuse the market.