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Philips Loses EU Court Challenge Over Chinese Light Bulb Duties

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July 11 (Bloomberg) -- Royal Philips Electronics NV lost a European Union court challenge against an EU decision to extend tariffs on on energy-saving light bulbs from China for a year to give competitors more time to prepare for stiffer competition.

Link to Company News:{PHIA NA <Equity> CN <GO>}

To contact the reporter on this story: Stephanie Bodoni in Luxembourg at sbodoni@bloomberg.net

To contact the editor responsible for this story: Peter Chapman at pchapman10@bloomberg.net