Peloton Faces New Hurdle in Patent Battle With Rival Flywheel
- Patent office agrees to review validity of Peloton patents
- Flywheel challenges patents at the heart of legal dispute
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Just hours after it announced it had confidentially filed for an initial public offering, Peloton Interactive Inc. suffered a potential setback in its dispute with Flywheel Sports Inc. over possible patent infringement.
A review board within the U.S. Patent and Trademark Office has agreed to take a second look at the validity of three Peloton patents after finding that Flywheel has established a “reasonable likelihood” of winning its argument that the patents cover old ideas. The Patent Trial and Appeal Board issued its orders Wednesday.