LVMH wins $61 million judgement against eBay
LVMH wins a big lawsuit against eBay Inc. The lawsuit not only affects the sale of counterfeit goods on eBay, but unauthorized "grey market" goods as well. This is a big hit to eBay, who denies it is their responsibility to police the sale of goods. I personally like eBay, it is a great place to buy and sell all types of products. However, eBay should be held accountable, for allowing counterfeiters to conduct illegal business on their auction site.
"PARIS (Reuters) - A French court ordered eBay Inc to pay 38.6 million euros ($61 million) to luxury goods group LVMH for allowing the sale of fake merchandise, in a ruling immediately appealed by the online auction website.
Monday's decision, a month after eBay was ordered by another French court to pay handbag and scarves maker Hermes 20,000 euros for allowing the sale of counterfeits, is the latest episode in a long fight between luxury goods makers and the world's biggest online auctioneer."
[ Read More Reuters ]
