This week, the United States International Trade Commission (US ITC) has officially rescinded its import ban order against Peloton.
This move was widely seen a a formality, as Peloton & DISH announced in May they had come to a $75 million settlement in the lawsuit that prompted the import ban. That agreement specifically stated that DISH would seek an order ending the ITC investigation into Peloton.
DISH did just that, filing an update with the ITC that same day in May notifying them of the settlement and requesting the import ban to be ended. This week’s notice is the result of that request from DISH and the settlement between the two companies.
DISH filed notice with the US ITC requesting the end of the ban on May 3rd, 2023. On May 8th, the US Office of Unfair Import Investigations filed a response in agreement that the ban should be lifted. On June 1, 2023, the US ITC commission voted on the motion, and agreed the ban should be lifted.
The notice from the US ITC notes that the import ban should remain in place against iFIT.
In view of a settlement between DISH and Peloton, on May 3, 2023, DISH filed an unopposed petition to rescind the limited exclusion order as to Peloton. On June 1, 2023, the Commission determined to rescind the limited exclusion order as to Peloton. The limited exclusion order remains in effect as to iFIT.
In case you missed it, even though there had been an import ban enacted against Peloton, it never seemed to impact their sales. The ban had a 60 day review period after it was enacted. In addition, Peloton said they had developed an updated streaming software update that would remove the technology in question.
This news was first reported by Law360.
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