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March 01, 2004

Harrods v Dow Jones (page 207)

Despite Mr Justice Eady’s plea, Harrods went ahead with its libel claim against Dow Jones — and lost. The case was thrown out by a jury in February 2004 and Harrods was ordered to pay Dow Jones’s costs, which were expected to be nearly £200,000.

“I was not concerned with winning damages in this case,” Al Fayed said afterwards. “I simply wanted the Wall Street Journal to accept its comparison was unwarranted and to apologise to me and to Harrods.”

Posted at March 1, 2004 12:01 AM