eBay fined for selling fake Louis Vuitton goods online: related news

eBay fined for selling fake Louis Vuitton goods online

PARIS: A French court has ordered online auctioneer eBay to pay nearly 40mn euros in damages to Louis Vuitton for selling fake luxury goods, in a ruling cheered as a victory for copyright protection.

eBay fined for selling fake Louis Vuitton goods online (AFP)

PARIS (AFP) - A Paris court on Monday ordered Internet auctioneer eBay to pay 40 million euros (63 million dollars) in damages to Louis Vuitton for selling fake luxury goods online.

eBay fined $66m for selling fake Louis Vuitton goods

A Paris court has ordered the online auctioneer eBay to pay 40 million euro ($A65.8 million) in damages to Louis Vuitton for selling fake luxury goods online.

UPDATE: EBay Fined EUR40 Million For Selling Fake Luxury Goods

PARIS (AFP)--A Paris court on Monday ordered the online auctioneer eBay Inc. (EBAY) to pay EUR40 million in damages to LVMH Moet Hennessy Louis Vuitton (LVMUY) for selling fake luxury goods online.

Ebay Fined $61M By French Court For Sales of Fake Goods

A court in France ordered eBay to pay more than 61 mega-dollars to the parent company (LVMH) of Givenchy, Fendi, Marc Jacobs and Louis Vuitton, because a user sold fake goods on the website. eBay has been sued by other 'luxury goods' vendors (such as Tiffany's (US), Rolex (Germany) and L'Oreal (EU)). Problems stem from some companies demanding that their merchandise (even legal merchandise) not be displayed nor sold as it is a violation of their 'property.' Others have complained that eBay is too slow to take down claims. Apparently eBay was hit with two violations: 1) eBay illegally allowed legitimately purchased and owned products made by LVMH to be resold on its website by 3rd parties not under the control of LVMH, and 2) not doing enough to protect LVMH's brands from illegal sales.

2nd UPDATE: EBay Fined EUR40 Million For Selling Fake Luxury Goods

PARIS (AFP)--A Paris court on Monday ordered Internet auctioneer eBay Inc (EBAY) to pay EUR40 million in damages to Louis Vuitton (LVMUY) for selling fake luxury goods online.

EBay fined $A65.8 million:

A court has ordered eBay to pay millions in damages to Louis Vuitton for selling fake luxury goods.A court has ordered eBay to pay millions in damages to Louis Vuitton for selling fake luxury goods.

UPDATE EBay Fined EUR40 Million For Selling Fake Luxury... (DJ)

PARIS (AFP)--A Paris court on Monday ordered the online auctioneer eBay Inc. (EBAY) to pay EUR40 million in damages to LVMH Moet Hennessy Louis Vuitton (LVMUY) for selling fake luxury goods online.

Judge rules for eBay on fake jewellery

US-based online auction services provider eBay has had an important legal win in a court case involving fake jewellery. District Court of New York judge Richard Sullivan has found that claimant Tiffany was wrong to put the onus for policing the trade in counterfeit goods on eBay, and noted that auctions for fake jewellery were cancelled immediately when Tiffany alerted eBay to them. The legal team for the luxury goods brand has signalled an appeal may be lodged. eBay had previously lost in a similar matter, when a French court ruled in favour of LVMH Moet Hennessy Louis Vuitton and ordered compensation of in excess of $US61m be paid to it by eBay

eBay fined $63 m for selling Louis Vuitton fakes

A Paris court, on Monday, ordered Internet auctioneer eBay to pay $63 million in damages to Louis Vuitton for selling fake luxury goods online.

2nd UPDATE EBay Fined EUR40 Million For Selling Fake... (DJ)

PARIS (AFP)--A Paris court on Monday ordered Internet auctioneer eBay Inc (EBAY) to pay EUR40 million in damages to Louis Vuitton (LVMUY) for selling fake luxury goods online.

eBay Fined over Fakes

Online auctioneer eBay has been ordered by a French court to pay over $61 million to fashion label - LVMH Moet Hennessy Louis Vuitton SA for selling counterfeit goods on its site. LVMH Moet Hennessy Louis Vuitton SA is home to prestigious brands such as Louis Vuitton, Givenchy, Fendi, Emilio Pucci, and Marc Jacobs.

Optimism Remains Heavy on Downtrending eBay

Ahhh, the king of online shopping -- or maybe the Mecca of Internet auctioning -- is eBay (EBAY: View sentiment for EBAYsentiment, chart, options) . I am not going to act like I am a stranger to a website that is almost entirely devoted to the art of shopping (yes, art), but for those of you who may not be familiar with the eBay concept, it is an online marketplace for the sale of goods and services, online payment services, and online communications. It functions through more than just the popular eBay.com website; it also enables online commerce through kijiji, gumtree.com, loquo.com, opusforum, half.com, rent.com, and stubhub.com, among others. The communications segment of EBAY operates through Skype, which is software that allows users to make telephone calls over the Internet.

eBay claims court victory in Belgium over L'Oreal in counterfeit goods case

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.

eBay fined for selling fake Louis Vuitton goods online

RSS feeds: Keep up-to-date with developments as they happen.RSS feeds: Keep up-to-date with developments as they happen.

eBay fined $61M in furor over fake goods

A French court has fined eBay US$61 million for allowing the sale of Louis Vuitton Malletier and Christian Dior Couture counterfeit goods on its Web site, the luxury goods company LVMH said Monday.

eBay Success Story, Entrepreneur and Author of 'The Guru's Guide to eBay,' Expert Greg Kusch, to Host Seminar in Santa Monica, California August 23, 2008

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.

EBay (EBAY) NewsBite - EBay Price Target Slashed

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.

eBay Sued by Fashion Label over Fakes

Online auctioneer eBay has been ordered by a French court to pay over $61 million to fashion label - LVMH Moet Hennessy Louis Vuitton SA for selling counterfeit goods on its site. LVMH Moet Hennessy Louis Vuitton SA is home to prestigious brands such as Louis Vuitton, Givenchy, Fendi, Emilio Pucci, and Marc Jacobs.

EBay fined £31m for fake goods sales

eBay, the internet auction house, has been ordered to pay £31 million in damages for selling fake goods online.

eBay fined $66m for flogging fakes

Online auction site eBay has been ordered to pay almost $66 million dollars in damages to fashion brand Louis Vuitton for selling fake luxury goods online.

Court Orders eBay To Pay EUR40 Million In Damages To Louis Vuitton

PARIS (AFP)--A Paris court on Monday ordered the online auctioneer eBay to pay EUR40 million ($63 million) in damages to Louis Vuitton for selling counterfeit luxury goods online.

eBay fined millions for fakes

A Paris court has ordered the online auctioneer eBay to pay 40 million euro ($A65.8 million) in damages to Louis Vuitton for selling fake luxury goods online.

EBay Gets Buffeted in Europe

Doing business may get a lot harder for eBay (EBAY). A Parisian court has ordered the e-commerce giant to pay $61 million to luxury goods manufacturer LVMH (LVMH.PA), the firm behind the Louis Vuitton and Christian Dior brands, for failing to prevent the sale of counterfeit goods on eBay's French site. The decision, handed down June 30, is the third in the past two years from a European court rejecting eBay's argument that it shouldn't be held responsible for users selling illegal knockoffs. "This decision represents an important step in protecting brands and products against parasitic practices," LVMH said in a statement.

EBay Gets Buffeted in Europe

Doing business may get a lot harder for eBay (EBAY). A Parisian court has ordered the e-commerce giant to pay $61 million to luxury goods manufacturer LVMH (LVMH.PA), the firm behind the Louis Vuitton and Christian Dior brands, for failing to prevent the sale of counterfeit goods on eBay's French site. The decision, handed down June 30, is the third in the past two years from a European court rejecting eBay's argument that it shouldn't be held responsible for users selling illegal knockoffs. "This decision represents an important step in protecting brands and products against parasitic practices," LVMH said in a statement.

Search took 0.56 seconds.