eBay Ordered To Pay For Fake Brands, More To Come?
A French court has ordered online auction house eBay to pay LVMH damages for assisting in the sale of knock offs – while a ruling on a complaint by Tiffany in the US is expected soon. The Financial Times reports:
In spite of Ebay's claims to have cracked down, in some markets the sale of large numbers of counterfeit luxury goods continues unabated.
After a long-running feud with some of the world's most famous luxury brands, the moment of truth for Ebay may finally have arrived.