EBay ordered to pay $61 million in damages for counterfeits
Ebay has been ordered by a French court to pay luxury goods maker Louis Vuitton $61 million in damages for selling counterfeit products on its website.
From New York Times:
A French court on Monday ordered the online auction giant eBay to pay 38.6 million euros, or $61 million, in damages to the French luxury goods company LVMH, in the latest round in a long-running legal battle over the sale of counterfeit goods on the Internet.
LVMH, a maker of high-end leather goods, perfumes and other fashion and luxury products, successfully challenged eBay for a second time in the French court, arguing that 90 percent of the Louis Vuitton bags and Dior perfumes sold on eBay are fakes.
The court ruled that eBay, which earns a commission on the sales, was not doing enough to stamp out counterfeit sales.
EBay vowed to appeal the ruling in a brief statement issued immediately after the decision was announced.

