Wednesday, July 02, 2008

EBay Gets Buffeted in Europe

eBay has lost an important lawsuit in France. The ruling requires eBay to pay $6.1 million to a perfume manufacturer for allowing counterfeit perfumes to be sold over the site. The ruling runs agains a longtime tenet of ebay - that buyers and sellers should be able to trade whatever the want on the site and eBay has no responsibility for screening them. If the ruling sticks and particularly if the principle in it spreads to other jurisdictions, it will make life difficult for ebay. EBay Gets Buffeted in Europe

No comments: