eBay Fined over Fakes: related news

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.

Tiffany appeals ruling eBay won over fakes

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

Tiffany appeals ruling eBay won over fakes

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

Tiffany appeals ruling eBay won over fakes

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

eBay Sellers Appeal to Australia Reserve Bank over PayPal Requirement

Anthony Green, an eBay seller from Australia, sent a letter to the Reserve Bank of Australia (RBA) requesting it take action with regards to eBay's policy requiring users to offer PayPal on all transactions. Sellers are still fuming over eBay's attempt to make PayPal the exclusive payment service on eBay Australia (referred to as "Stage 2"), which eBay backed away from after a regulatory agency indicated it would not support such a move. However, eBay Australia left its "Stage 1" policy in place, requiring sellers offer PayPal on all transactions.

Marketplace Research by Terapeak Offered as Alternative to eBay Marketplace Research

Marketplace Research by Terapeak Offered as Alternative to eBay Marketplace Research VICTORIA, Aug. 18 /PRNewswire/ - Terapeak, an eBay Certified Provider, today announced that Marketplace Research by Terapeak is being offered as an alternative for eBay Marketplace Research, which eBay plans to retire as of September 15th, 2008. Available to all existing eBay Marketplace Research subscribers, and to all eBay users going forward, the tool will be accessible from the eBay website, and Terapeak will provide dedicated customer support. Fred Speckeen, CEO of Terapeak/AERS, says, "The transfer of research responsibilities to Terapeak reflects our longstanding business relationship with eBay, and our company's commitment to providing the best market research product possible.

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 Picks Buyers Over Small-Time Sellers

Every time we've mentioned eBay lately, we've received a long list of complaints in the comments about how awful eBay is. It's become quite clear that there's plenty of dissatisfaction with the company -- and a big part of the problem seems to be figuring out who eBay is really representing: buyers or sellers. In theory, as an impartial marketplace, eBay should be able to serve both sides. After all, you need both sides to be happy to make the marketplace truly effective. However, with growing concerns of fraud on eBay, it seems that the company has recognized that it's more important to focus on improving the experience for buyers -- and less so for sellers, especially the smaller sellers. Witness eBay's recent change to ban sellers from offering feedback on buyers.

Belgian Tribunal Dismisses L'Oreal Claims in eBay Lawsuit

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."

EBay Abandons Plans For PayPal Monopoly

An anonymous reader writes "eBay's has lost its fight to ban all payment methods except PayPal. When Paypal originally announced the scheme it was to be global, but they began with a dry run in Australia to test the reaction of government and consumer authorities. In the public slanging match that followed between eBay and the regulatory ACCC, eBay spammed users claiming it was fighting for 'safety benefits for consumers.' Fortunately the consumers won. Conceded eBay vice president Simon Smith, 'While we disagree with the ACCC's draft notice, we have decided to withdraw the notification to stop any further confusion and disruption among the eBay community.' Nevertheless eBay insists PayPal is now always offered as a payment option. Have big corporations finally learned that they can go too far? More chillingly, if eBay had launched the sc

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.

eBay Watch: iPhone Apps, Free eBay Alternative

EBay delays mandatory shipping specifications until August, eBay apps for the new iPhone are out now and eBay offers Fixed Price listings promotions. Plus, we take a look at the free eBay alternative selling site, Flippid.com, and also offer hints and tips from eBay sellers.

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.

EBay Deal Irritates Individual Sellers

Dekortage writes "EBay's recent deal with Buy.com appears to be seriously irritating its veteran individual sellers. The deal allows Buy.com and other large fixed-price retailers to list millions of items on eBay without paying listing fees, and appears to be the direction that eBay will follow in the future. Understandably, individual sellers are outraged. 'I've paid eBay many hundreds of thousands in fees over the past several years and believed them when they talked about a level playing field. And they just plain and simple are going back on their word.' This comes after the dire prediction that eBay is losing its popularity."

eBay Announces Marketplaces Executive Changes

SAN JOSE, Calif.-- (BUSINESS WIRE) -- eBay Inc. (Nasdaq:EBAY) today announced executive changes to its global Marketplaces business. Effective in October, Rajiv Dutta, President, eBay Marketplaces, will retire from the company. Succeeding Dutta as President, eBay Marketplaces, is Lorrie Norrington, who most recently was President of eBay Marketplaces Operations. She will report to eBay President and CEO John Donahoe.

eBay Announces Marketplaces Executive Changes

SAN JOSE, Calif., BUSINESS WIRE -- eBay Inc. (Nasdaq:EBAY) today announced executive changes to its global Marketplaces business. Effective in October, Rajiv Dutta, President, eBay Marketplaces, will retire from the company. Succeeding Dutta as President, eBay Marketplaces, is Lorrie Norrington, who most recently was President of eBay Marketplaces Operations. She will report to eBay President and CEO John Donahoe.

eBay Announces Marketplaces Executive Changes

SAN JOSE, Calif., BUSINESS WIRE -- eBay Inc. (Nasdaq:EBAY) today announced executive changes to its global Marketplaces business. Effective in October, Rajiv Dutta, President, eBay Marketplaces, will retire from the company. Succeeding Dutta as President, eBay Marketplaces, is Lorrie Norrington, who most recently was President of eBay Marketplaces Operations. She will report to eBay President and CEO John Donahoe.

EBay quarterly profit rises, but shares fall on outlook

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.

eBay Must Ban LVMH Designer Items

The LVMH Group issued a press release on Friday announcing the Paris Court of Appeal's decision to confirm the charges against eBay of the Paris Commercial Court. The French Commercial Court had ordered eBay to pay almost 40 million euros to LVMH for "negligence" and "illicit sales" over the sale of counterfeit goods on its online auction site. Through an injunction, the court also ordered eBay to cease selling perfumes and cosmetics bearing the Dior, Guerlain, Givenchy and Kenzo brand names, failing which eBay would incur penalty payments of Euro 50,000 per day. The Commercial Court had also ruled that eBay should prevent its members from using those brand names.

eBay Inc. Applauds Court's Rejection of Tiffany Counterfeit Claims

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.

You can promote Your Ebay Store! How?

To really maximise your eBay ebook sales you need to be promoting your eBay store. eBay stores get less exposure than normal eBay listings and therefore will not yield great sales for you unless you promote them. There are many ways both on and off eBay that you can promote your eBay store. This article outlines some of them:

Marketplace Research by Terapeak Offered as Alternative to eBay Marketplace Research

VICTORIA, Aug. 18 /CNW/ - Terapeak, an eBay Certified Provider, today announced that Marketplace Research by Terapeak is being offered as an alternative for eBay Marketplace Research, which eBay plans to retire as of September 15th, 2008. Available to all existing eBay Marketplace Research subscribers, and to all eBay users going forward, the tool will be accessible from the eBay website, and Terapeak will provide dedicated customer support.

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.

Marketplace Research by Terapeak Offered as Alternative to eBay Marketplace Research

VICTORIA, Aug 18, 2008 /PRNewswire via COMTEX/ -- Terapeak, an eBay Certified Provider, today announced that Marketplace Research by Terapeak is being offered as an alternative for eBay Marketplace Research, which eBay plans to retire as of September 15th, 2008. Available to all existing eBay Marketplace Research subscribers, and to all eBay users going forward, the tool will be accessible from the eBay website, and Terapeak will provide dedicated customer support.

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