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I need a shop - eBay Fined Over Fakes
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 Wednesday, July 02, 2008

eBay have been ordered to pay 40 million Euros in fines for selling fakes. The company will have to pay the money to LVMH, a French luxury goods group because they have allowed fake versions of their products to be sold on the eBay website. LVMH demanded 50 million Euros in damages after claiming that eBay's French business has not done enough to prevent users selling counterfeit items. LVMH also told the court that in 2006 90% of the LVMH branded goods for sale on eBay were fakes. eBay plans to appeal against the decision and says it quickly removes any goods that are found to be counterfeit.

Wednesday, July 02, 2008 11:55:41 AM (GMT Standard Time, UTC+00:00)  #    Comments [0]    |  |   |  Trackback
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