French eBay verdict means boost for brand owners
03 July 2008
Eklavya Gupte, London
eBay will be a likely target for brand owners after a French court fined the online auction site nearly €40 million for allowing counterfeit LVMH goods to be sold on its website
The Tribunal de Commerce in Paris ruled on June 30 that eBay was at “a serious fault” by failing to keep counterfeit goods off their site, especially the Louis Vuitton and Christian Dior bags.
The court ordered eBay to pay €19.28 million in damages to Louis Vuitton, €17.3 million to Christian Dior Couture (also owned by the LVMH Group) and €3.25 million to four of LVMH's perfume brands.
eBay has vowed to fight for e-commerce...
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