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CheckMEND CheckMEND service addresses online auction sites problems Need for Stronger Solutions Underscored by eBay Counterfeit Ruling in France US Decision Imminent: related news
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checkmend checkmend counterfeit decision france imminent need ruling solutions stronger us underscored addresses auction ebay online problems service sites
CheckMEND: CheckMEND service addresses online auction sites' problems; Need for Stronger Solutions Underscored by eBay Counterfeit Ruling in France; US Decision Imminent
in Online Auctions
via Macro World Investor @ 16:12 3rd Jul
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GLOUCESTERSHIRE, England-- (BUSINESS WIRE) -- In light of the recent legal ruling in France resulting in a $63 million fine against eBay for selling counterfeit luxury goods, the global issue of product authenticity among online auction sites has been brought sharply into focus. Cybercrime and "e-fencing" are serious matters in the US as well, costing consumers an estimated $4 billion annually. A judge in the US is due to rule at any time on a similar case brought by Tiffany.
in Online Auctions
via SmartBrief @ 1:42 3rd Jul
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GLOUCESTERSHIRE, England --(Business Wire)-- In light of the recent legal ruling in France resulting in a $63 million fine against eBay for selling counterfeit luxury goods, the global issue of product authenticity among online auction sites has been brought sharply into focus. Cybercrime and "e-fencing" are serious matters in the US as well, costing consumers an estimated $4 billion annually. A judge in the US is due to rule at any time on a similar case brought by Tiffany.
in Online Auctions
via TMC Net @ 16:00 2nd Jul
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GLOUCESTERSHIRE, England - (Business Wire) In light of the recent legal ruling in France resulting in a $63 million fine against eBay for selling counterfeit luxury goods, the global issue of product authenticity among online auction sites has been brought sharply into focus. Cybercrime and "e-fencing" are serious matters in the US as well, costing consumers an estimated $4 billion annually. A judge in the US is due to rule at any time on a similar case brought by Tiffany.
in Online Auctions
via Earthtimes.org @ 16:06 2nd Jul
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GLOUCESTERSHIRE, England--(BUSINESS WIRE)--July 2, 2008--In light of the recent legal ruling in France resulting in a $63 million fine against eBay for selling counterfeit luxury goods, the global issue of product authenticity among online auction sites has been brought sharply into focus. Cybercrime and "e-fencing" are serious matters in the US as well, costing consumers an estimated $4 billion annually. A judge in the US is due to rule at any time on a similar case brought by Tiffany.
in Online Auctions
via Macro World Investor @ 16:31 2nd Jul
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Gloucestershire, UK, July 3, 2008 – In light of the recent legal ruling in France resulting in a £31 ($63) million fine against eBay for selling counterfeit luxury goods, the global issue of product authenticity among online auction sites has been brought sharply into focus. Cybercrime and "e–fencing" are serious issues, costing consumers an estimated £2 ($4) billion annually. A judge in the US is due to rule at anytime on a similar case brought by Tiffany.
in Online Auctions
via Huliq.com @ 16:08 3rd Jul
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Gloucestershire, UK, July 3, 2008 – In light of the recent legal ruling in France resulting in a £31 ($63) million fine against eBay for selling counterfeit luxury goods, the global issue of product authenticity among online auction sites has been brought sharply into focus. Cybercrime and "e–fencing" are serious issues, costing consumers an estimated £2 ($4) billion annually. A judge in the US is due to rule at anytime on a similar case brought by Tiffany.
in Online Auctions
via WebitPR @ 16:08 3rd Jul
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Gloucestershire, UK, July 3, 2008 – In light of the recent legal ruling in France resulting in a £31 ($63) million fine against eBay for selling counterfeit luxury goods, the global issue of product authenticity among online auction sites has been brought sharply into focus. Cybercrime and "e–fencing" are serious issues, costing consumers an estimated £2 ($4) billion annually. A judge in the US is due to rule at anytime on a similar case brought by Tiffany.
in Online Auctions
via Nestor @ 15:41 9th Jul
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By year-end 2007, 21% of US online consumers had purchased from an online auction in the past 12 months, representing a hefty slice of the eCommerce pie. Young, affluent, and tech-savvy, online auction purchasers are an attractive segment of the Web buyer population. Despite ongoing fraud concerns, most online auction buyers report being satisfied with their most recent purchase and are likely to return for future purchases. This enthusiast crowd has reached a point of limited growth, though, as evidenced by eBay's slowing sales of merchandise in the US. Most eBusiness professionals at retail organizations will stay out of direct sales via eBay and capitalize on the audience by using eBay as a marketing platform.
in Online Auctions
via Forrester @ 0:55 14th Aug
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Online auctioneer eBay claimed yesterday to have won a Belgian court case against L'Oreal after the French cosmetics giant sued it over the sale of counterfeit goods. L'Oreal has brought cases against eBay in five European nations, including Belgium, accusing the company of not doing enough to prevent the sale of counterfeit goods posted on its auction and sale sites. The Belgian commercial court, the first jurisdiction to deliver a ruling, "has ruled in favour of eBay," said Sravanthi Agrawal, eBay spokeswoman in Europe. The court ruled that the world's largest online auctioneer did not have "a general monitoring obligation" of what was on offer on its site. "The judge confirmed that eBay acted diligently when it received letters from L'Oreal," the spokeswoman added.
in Online Auctions
via National Post @ 14:22 13th Aug
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Online auction giant EBay is in talks to buy a stake in Korean e-commerce site Gmarket. Gmarket operates an online auction businesses and online shopping mall. EBay, which also operates its own online auction business in South Korea, is in talks with Gmarket's largest shareholder Interpark to buy its stake, the Wall Street Journal reports. Both EBay and Interpark confirmed the companies were in talks. Interpark owns about 37 percent in the online auction site.
in Online Auctions
via Telecom.paper @ 20:32 15th Aug
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Tiffany & Co. challenged yesterday a federal ruling that largely absolved eBay Inc. of policing its auction site for counterfeit items, saying the judge was wrong to leave the primary burden to the jewellery maker. The appeal with the 2nd U.S. Circuit Court of Appeals in New York extends a case that Tiffany filed against eBay in 2004 arguing that most items listed for sale on eBay as genuine Tiffany products were fakes. Last month, a judge ruled that trademark holders like the jewellery maker, rather than auction platforms like eBay, are responsible for policing their brands online. Tiffany lawyer James Swire said yesterday that trademark law doesn't put the responsibility on Tiffany for policing its own trademark. "The judge's entire analysis of what is Tiffany's responsibility with respect to the site versus eBay's starts from an incorr
in Online Auctions
via Report On Business @ 16:59 12th Aug
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Tiffany & Co. challenged yesterday a federal ruling that largely absolved eBay Inc. of policing its auction site for counterfeit items, saying the judge was wrong to leave the primary burden to the jewellery maker. The appeal with the 2nd U.S. Circuit Court of Appeals in New York extends a case that Tiffany filed against eBay in 2004 arguing that most items listed for sale on eBay as genuine Tiffany products were fakes. Last month, a judge ruled that trademark holders like the jewellery maker, rather than auction platforms like eBay, are responsible for policing their brands online. Tiffany lawyer James Swire said yesterday that trademark law doesn't put the responsibility on Tiffany for policing its own trademark. "The judge's entire analysis of what is Tiffany's responsibility with respect to the site versus eBay's starts from an incorr
in Online Auctions
via Globe and Mail @ 12:15 12th Aug
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Tiffany & Co. challenged yesterday a federal ruling that largely absolved eBay Inc. of policing its auction site for counterfeit items, saying the judge was wrong to leave the primary burden to the jewellery maker. The appeal with the 2nd U.S. Circuit Court of Appeals in New York extends a case that Tiffany filed against eBay in 2004 arguing that most items listed for sale on eBay as genuine Tiffany products were fakes. Last month, a judge ruled that trademark holders like the jewellery maker, rather than auction platforms like eBay, are responsible for policing their brands online. Tiffany lawyer James Swire said yesterday that trademark law doesn't put the responsibility on Tiffany for policing its own trademark. "The judge's entire analysis of what is Tiffany's responsibility with respect to the site versus eBay's starts from an incorr
in Online Auctions
via Globe Investor @ 9:09 12th Aug
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The status of PayPal as the web’s reigning leader of payment and money transfer services via the Internet is simply unarguable. PayPal, as an e-commerce business, charges a fee for payment processing of online vendors, auction sites, and other corporate users. The company which was bought by eBay (EBAY) for $1.5 billion in October 2002, proved to be a smart business move. After phasing out its own competing service, ‘eBay Payments by Billpoint’, eBay not only gained control of the popular electronic payment service favored by many of its customers, but also acquired a great asset, which currently generates more than 23% of eBay’s total quarterly revenues.
in Online Auctions
via Seeking Alpha @ 0:05 3rd Aug
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This legendary auction phrase signals the end of bidding, but it can also be used to describe the unpredictable nature of online auction sites. Many of these "smaller than eBay" alternative sites were started by well-intentioned eBay sellers wanting to give others what they missed at eBay — a fair and community-focused auction site that wouldn't eat up profits in fees.
in Online Auctions
via Electronic Commerce Guide @ 19:42 25th Jun
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SANTA MONICA, Calif., Aug. 5 /PRNewswire/ -- Santa Monica, California native Greg Kusch, the author of a new book "The Guru's Guide to eBay" (http://www.wewillsellanything.com), reveals his personal eBay secrets to success and insider's knowledge in Santa Monica, California on August 23, 2008. Kusch is accredited through eBay University, one of only 28 people in the world who is certified and trained by eBay. During the course of these seminars, attendees will learn from the master "The Basics of Selling on eBay" and "Beyond the Basics (How to Open a Business on eBay)" as well. These courses give new or inexperienced eBay users the tools they need to become successful eBay sellers and entrepreneurs.
in Online Auctions
via Macro World Investor @ 16:38 5th Aug
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EBay Inc. (EBAY) opened at 27.09. So far today, the stock has hit a low of 25.95 and a high of 27.43. EBAY is now trading at 27.22, down 0.27 (-1.00%). The stock hit its 52 week high of 40.73 in October and set its 52 week low of 25.10 in March. EBAY has been dropping for most of the past year. A RBC Capital Markets analyst cut his price target on the stock today to $35 from $40, and said the effect of deals with large online retailers the company's revenue may be more muted due to less-favorable terms. The company had signed a deal with Buy.com allowing it to sell books, electronics and other items on eBay's Website without paying the full complement of fees. Technical indicators for the stock are bearish but slightly improving while S&P gives EBAY a very positive 5 STARS (out of 5) strong buy rating.
in Online Auctions
via Market Intelligence Center @ 16:08 16th Jul
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SAN JOSE, Calif., BUSINESS WIRE -- eBay Inc. (Nasdaq:EBAY)(www.ebay.com) today praised a federal judge's ruling in the Tiffany vs. eBay trademark case, affirming the company's leading efforts to fight counterfeits and to support consumer choice to buy and sell authentic merchandise online. The U.S. District Court for the Southern District of New York also declared that eBay takes appropriate steps to remove suspected counterfeit listings as part of the company's additional efforts to provide a safe and trusted marketplace. Furthermore, the court also found that Tiffany was responsible for policing its own trademark on eBay.
in Online Auctions
via Consumer Electronics Net @ 21:53 14th Jul
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Online auction house eBay Inc. said yesterday that its second-quarter profit jumped 22 per cent, as the company enjoyed strong growth in its e-commerce sites and its PayPal payments service. But eBay's outlook for the current quarter was softer than analysts had been forecasting, and the company's shares fell in after-hours trading after closing up $1.21 at $28.10. EBay earned $460-million, or 35 cents a share, compared with $376-million, or 27 cents, in the year-ago quarter. Excluding certain items, eBay earned 43 cents a share. That beat Wall Street's forecast for 41 cents a share. EBay's revenue rose 20 per cent to $2.2-billion. Analysts polled by Thomson Financial had been looking for $2.17-billion. EBay expects third-quarter earnings of 30 cents to 32 cents a share, or 39 cents to 41 cents a share on an adjusted basis, and $2.
in Online Auctions
via Report On Business @ 7:26 17th Jul
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eBay said the Belgian Tribunal de Commerce has dismissed all claims by L'Oreal brought against eBay regarding the sale of counterfeit items. eBay issued a statement published on the eBay corporate blog "This is the second successful court ruling in a row for eBay, both supporting our view that controlling prices and distribution reduces consumer choice. The litigation of counterfeits against eBay has been exposed as merely a stalking horse. eBay provides a vibrant and trusted marketplace that gives European consumers a good deal. We work to tackle the menace of counterfeit through action and co-operation with rights owners."
in Online Auctions
via Auctionbytes.com @ 10:00 13th Aug
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CASA GRANDE, Ariz., July 14, 2008 -- In a response to an overwhelming amount of fraud in online auction transactions, UpperBid.com took the lead today by implementing the most in-depth degree of seller verification among all online auction sites, even surpassing the verification process of industry giants like eBay. By partnering with Trufina.com, the leader in providing online identity verification and management services, UpperBid has ensured that all sellers will go through an in-depth and thorough identity verification process. This seller verification process now required by UpperBid is the toughest in the industry. UpperBid is also offering the identity verification to buyers who wish to provide proof of their identity.
in Online Auctions
via InternetRetailer.com @ 9:17 16th Jul
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CASA GRANDE, Ariz., July 14 /PRNewswire/ -- In a response to an overwhelming amount of fraud in online auction transactions, UpperBid.com took the lead today by implementing the most in-depth degree of seller verification among all online auction sites, even surpassing the verification process of industry giants like eBay. By partnering with Trufina.com, the leader in providing online identity verification and management services, UpperBid has ensured that all sellers will go through an in-depth and thorough identity verification process. This seller verification process now required by UpperBid is the toughest in the industry. UpperBid is also offering the identity verification to buyers who wish to provide proof of their identity.
in Online Auctions
via Macro World Investor @ 13:56 14th Jul
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PARIS - A French court ordered eBay Inc to pay $61 million (38.6 million euros) to luxury goods group LVMH for allowing the sale of fake merchandise, in a ruling immediately appealed by the online auction Web site.
in Online Auctions
via MSNBC @ 11:43 30th Jun
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