Dyson loses fight for $198 mln compensation over EU energy labelling rules

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Britain's Dyson, which makes bagless vacuum cleaners, on Wednesday lost its fight for 176 million euros ($198.4 million)in compensation from the European Commission for alleged losses due to EU energy labelling rules.

Dyson had challenged the rules introduced by the EU executive in 2014, saying the labelling requirements on vacuum cleaners discriminated against its technology, misled customers about the efficiency of some vacuum cleaners and unfairly benefited its German rivals.

It won the backing of the Luxembourg-based General Court, which in its 2018 ruling scrapped the EU energy labelling rules.Dyson subsequently went back to the same court seeking 176 million euros in compensation for losses allegedly incurred due to the rules.

"Dyson technology was significantly disadvantaged by the Energy Label leading to lost sales and significant engineering, research and development costs, not to mention five years of legal challenge to see it overturned."Register now for FREE unlimited access to reuters.comMore from ReutersSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.

Source: Energy Industry News (energyindustrynews.net)

 

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