EventEmitter is not a constructor at new MapboxGeocoder (Next.JS & TypeScript)

I have been using MapboxGeocoder and it has worked fine previously. However, I am now getting this error:
EventEmitter is not a constructor at new MapboxGeocoder (webpack-internal:///./node_modules/@mapbox/mapbox-gl-geocoder/lib/index.js:87:24)

I am using these versions of mapbox-gl and mapbox-gl-geocoder:

• "@mapbox/mapbox-gl-geocoder": "^5.0.1"
• "@types/mapbox-gl": "^2.7.10"
• "mapbox-gl": "^2.13.0"
• "@types/mapbox__mapbox-gl-geocoder": "^4.7.3"

These should be the up-to-date versions as of today (30/03/2023).

My code (simplified slightly):

import mapboxgl from 'mapbox-gl';
import 'mapbox-gl/dist/mapbox-gl.css';
import MapboxGeocoder from '@mapbox/mapbox-gl-geocoder';
import '@mapbox/mapbox-gl-geocoder/dist/mapbox-gl-geocoder.css';

const geocoder = new MapboxGeocoder({
    accessToken: mapboxgl.accessToken,
    marker: false,
    flyTo: false,
    mapboxgl: mapboxgl
});

map.current.addControl(geocoder);

The error occurs directly at the MapboxGeocoder constructor. It seems from the error message that the error might be TypeScript related. I saw that others have had the same issue, but all of them use Vite and Vue 3:
https://github.com/mapbox/mapbox-gl-geocoder/issues/441
https://stackoverflow.com/questions/69717406/typeerror-eventemitter-is-not-a-constructor-at-new-mapboxgeocoder
https://github.com/mapbox/mapbox-sdk-js/issues/429

I have tried importing Events directly in my Map Component as such:
import EventEmitter from 'events';

I have also tried importing different versions, re-installing mapbox and geocoder, etc., but the issue persists.

Any ideas why this happens and how to solve it?

Start by reproducing the error with the reported mapbox-gl, @mapbox/mapbox-gl-geocoder, TypeScript, and Next.js versions. Inspect node_modules/@mapbox/mapbox-gl-geocoder/lib/index.js at the reported line 87 and trace how EventEmitter is loaded; done means MapboxGeocoder can be constructed without the reported error.