Ocado Wins U.S. Trade Case Brought by AutoStore Over Robots
At Ocado’s warehouse near London.
Source: Ocado
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Ocado Group Plc won a trade case lodged by AutoStore Holdings Ltd. that threatened its plans to expand its robotic warehouses into the U.S.
AutoStore said it plans to appeal the International Trade Commission’s decision to the U.S. Court of Appeals for the Federal Circuit. Ocado shares rose as much as 11% in London Friday, while AutoStore dropped as much as 8.6% in Oslo.