eBay fined $61M in furor over fake goods

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eBay fined $61M in furor over fake goods

Post by Doctor Inferno on Wed 02 Jul 2008, 6:03 pm

Online auction company says it will fight French court ruling


(Computerworld) A French court has fined eBay Inc. $61 million for allowing the sale of Louis Vuitton Malletier and Christian Dior Couture counterfeit goods on its Web site, the luxury goods company LVMH said today.

EBay said it will fight the ruling issued today by the Tribunal de Commerce in Paris.

According to the LVMH statement, the French court ruled that eBay was guilty of "gross misconduct and detrimental breach," saying it was negligent when it did not take the necessary steps to prevent the sale of the counterfeit goods.

LVMH said the court also ruled that eBay was guilty of illegally selling perfume manufactured by Christian Dior, Guerlain, Givenchy and Kenzo, which can only be sold through an agreed-upon network of distributors.

The court ordered eBay to pay $25.8 million to Louis Vuitton, $30 million to Christian Dior and $5 million to the perfume companies, the LVMH statement said..........


More: http://www.computerworld.com/action/article.do?command=viewArticleBasic&articleId=9105158&source=NLT_SEC&nlid=38

(Ethical)

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Re: eBay fined $61M in furor over fake goods

Post by Digitalocksmith on Wed 02 Jul 2008, 8:13 pm

Hehe.....just deserts i say!

They have frozen many user accounts (including bank accounts) for far less!

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Re: eBay fined $61M in furor over fake goods

Post by hairyboy on Thu 03 Jul 2008, 7:04 am

61m is alot me money

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