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eBay fined for selling fakes |
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A French Court on Monday fined eBay40 million Euros in damamges for selling fake Louis Vuitton merchandise online. The Paris commercial court ruled in favour of six LVMH brands and also barred eBay from selling four perfumes -- Christian Dior, Kenzo, Givenchy and Guerlain -- on its websites.
The decision was hailed as a major victory for copyright protection. The decision is a setback for eBay who have recently been involved in many court room battles. The online giant announced that they would go on appeal against the order. eBay was accused of encouraging trade in pirated and stolen goods in a recent suit by traditional auctioneers in France. According to eBay, the total value of items sold on its trading platforms in 2007 was nearly 60 billion dollars |