The Federal Trade Commission is accusing Deere & Co. of unfairly monopolizing the farm equipment repair market.

The FTC is suing Deere & Company for allegedly holding a “monopoly” on repair tools necessary for fully functioning repairs on Deere agricultural equipment.

Deere has a very strong balance sheet with industrial net/debt EBITDA of approximately 0.2 times and strong credit ratings. The company is highly cash generative and remains a “dividend aristocrat,” ...