For all of us Ebayers out there!
LONDON -EBay is having trouble maintaining its argument that it is an innocent middle man between buyers and sellers. On Monday a French court ordered the Californian online auctioneer to pay 39.9 million euros ($62.9 million) to the luxury goods company LVMH for allowing the sale of counterfeit goods on its online auction site.
“We are very satisfied with this ruling,” an LVMH spokeswoman told Forbes.com. EBay said it would appeal the decision.
EBay has argued that, as an online auction house, it is just a platform for buyers and sellers to meet, and therefore not liable for any counterfeit goods that are sold through it.
http://www.forbes.com/markets/2008/06/30/ebay-lvmh-france-markets-equity-cx_vr_0630markets11.html
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