Illinois AG Raoul files a lawsuit against Deere & Company over alleged restrictive repair practices for farm equipment.

CHICAGO (CN) — John Deere is facing a new federal antitrust lawsuit over its equipment repair practices as of Wednesday, this one filed by an arm of the federal government itself.

The Federal Trade Commission (FTC) has filed a lawsuit along with the states of Minnesota and Illinois against Deere & Co. for allegedly violating U.S. competition laws by restricting access to key repair information and diagnostic tools.

The U.S. Federal Trade Commission on Wednesday sued farm equipment maker Deere , alleging it illegally drives up repair costs by forcing farmers to rely on its authorized dealer network.

The Federal Trade Commission has filed a lawsuit against agricultural equipment giant Deere & Company, alleging it holds a monopoly on repair services.

The lawsuit argues the manufacturer's use of "unfair practices has driven up equipment repair costs for farmers" and deprived farmers the ability to make timely repairs on critical farming critical.

The Federal Trade Commission, along with the Illinois and Minnesota Attorneys General, sued Deere (DE) “over its use of unfair practices that

The Federal Trade Commission accuses Deere & Co. of unfair sales practices that are "depriving farmers of the ability to make timely repairs on critical farming equipment, including tractors."

MINNESOTA, USA — Minnesota Attorney General Keith Ellison sued agricultural manufacturer John Deere Wednesday, alleging it has used unfair practices to drive up equipment repair costs for farmers.

The Federal Trade Commission sued PepsiCo on Friday, alleging that it has engaged in illegal price discrimination by giving unfair price advantages to one large retailer at the expense of other

However, ten companies under mixed sectors bucked an overall positive market sentiment as multiple negative factors put pressure on investor sentiment.