Ruling Near in Tiffany, eBay Battle
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Published: Monday, July 14, 2008
(Page 3 of 3)
After a two-year legal process, eBay Inc. and eBay International were ordered last month to pay LVMH compensation totaling 38.9 million euros, or $61.3 million, for allowing the sale of counterfeit goods and for the unlawful sale of authentic fragrances.The Tribunal de Commerce found eBay guilty of gross misconduct in failing to prevent the sale of fake Louis Vuitton leather goods and Christian Dior eyewear and handbags and ordered it to pay those businesses 19.3 million euros, or $30.5 million, and 16.4 million euros, or $27.5 million, respectively.
Meanwhile, Parfums Christian Dior, Kenzo Parfums, Guerlain and Parfums Givenchy were awarded 3.2 million euros, or $4.7 million.
A court date has not been set for the overall appeal hearing.
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Tiffany & Co.’s lawsuit against eBay may be decided today. A French court has barred the auction site from selling LVMH-owned fragrances and cosmetics.
Tiffany & Co.’s lawsuit against eBay may be decided today. A French court has barred the auction site from selling LVMH-owned fragrances and cosmetics.
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