Peloton Beats NordicTrack Maker’s Push to Bar Sales of Bike (3)
By Christopher Yasiejko
Feb. 22, 2021, 11:27 PM
Peloton Interactive Inc. beat back an effort by the maker of NordicTrack exercise bikes to block U.S. sales of its Bike+, as the rivals do battle in the hot home fitness industry.
Closely held Icon Health & Fitness Inc., which sued Peloton in October for patent infringement, “has failed to demonstrate a likelihood of success on the merits or irreparable harm,” U.S. District Judge Richard Andrews wrote in an opinion issued Monday in federal court in Wilmington, Delaware. Icon had asked the court to temporarily bar Peloton from selling the Bike+ with its Auto Follow feature, which automatically changes...