Acquisition Would Eliminate Deere’s Only Effective Competitor in High-Speed Precision Planting Systems Market
ILLINOIS–(ENEWSPF)–August 31, 2016. The Department of Justice filed a civil antitrust lawsuit today seeking to block Deere & Company’s proposed acquisition of Precision Planting LLC from Monsanto Company in order to preserve competition in the market for high-speed precision planting systems in the United States.
The Antitrust Division’s lawsuit alleges that the transaction would combine the only two significant U.S. providers of high-speed…
