Monday, June 30, 2008

Court fines eBay over fake goods


A French court has ordered eBay to pay 40m euros ($63m) in damages to luxury goods group LVMH for allowing online auctions of fake copies of its goods.

LVMH said eBay's French site had not done enough to stop the sale of counterfeit bags and perfumes.

The brands affected include Louis Vuitton, Christian Dior and Givenchy.

An eBay statement said LVMH was trying to "protect uncompetitive commercial practices at the expense of consumer choice" and added that it would appeal......

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