After the hearing in a Santander court, the case will be heard for sentencing, which is expected to take place at the end of this year or early 2025. The confrontation in the courts of the two energy groups was surrounded by great expectations and lasted about eight hours.
Iberdrola has accused Repsol of “misleading” through some of its advertising campaigns, by using information that is not reliable for the reality of its activities and by omitting essential data on its sustainability, while the oil company has defended its commitment to the energy transition and a multi-energy company.
This Thursday was celebrated in the Santander Commercial Court Number 2 the oral hearing of the trial concerned the lawsuit brought by Iberdrola against Repsol for “unfair competition” and “misleading advertising”.
This confrontation in the courts of the two energy groups, surrounded by great expectations and which lasted about eight hours, has led to the arguments of both companies being assessed through their experts and lawyers.
After today’s hearing, the judgment was pronounced by the chief judge of the Commercial Court number 2 of Santander Carlos Martinez de Marigorta It could be known between the end of this year or early 2025.
The lawyer of Iberdrola has found it proven that the reported messages and advertising campaigns are ‘misleading’ because they do not adapt to the reality of Repsol’s activities, because they are ‘inconsistent’ with the company’s investments and because they omit key related sustainability data in their statements relating to the company’s emissions and which are therefore “misleading”.
Meanwhile, experts have testified in favor Repsol They have reiterated that Iberdrola’s lawsuit is without merit and that is why the company has requested that the lawsuit be dismissed. Likewise, they have emphasized that in its advertising campaigns the company is consistent with its position in the market and have highlighted the group’s “real” efforts to diversify its activities and be a “multi-energy company”.
Legally This lawsuit is groundbreaking.since the ‘greenwashing’ As such, it is not currently something characterized in the Spanish legal system.
Iberdrola sources have indicated that the fact that “there is greenwashing is always positive to protect consumers and the planet, and citizens demand this truthful and clear information, without deception, which is also demonstrated by the interest media”.
Sources from the group led by Josu Jon Imaz have in turn emphasized that Iberdrola “intends to limit competition from Repsol in the electricity market – where the multi-energy company already has 2.4 million customers – by using the law of unfair competition and to make allegations of misleading advertising based on biased arguments and decontextualized messages.”
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
