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UPDATE 1-LVMH wins compensation from eBay in counterfeit case

30-Jun-2008
Story Timeline:  104 days

PARIS (Reuters) - A court in France ordered eBay (EBAY.O: ) to pay 38.6 million euros (30.6 million pounds) to luxury goods group LVMH (LVMH.PA: ) for allowing the sale of counterfeit goods on its online auction site. Monday's decision, a month after eBay was ordered by another French court to pay handbag maker Hermes 20,000 euros for allowing the sale of fakes, is the latest episode in a long fight between luxury goods makers and the online auctioneer. LVMH had claimed damages of about 50 million euros because it said eBay's French arm had not done enough to prevent sales of counterfeit items. (Reporting by Thierry Leveque, writing by Swaha Pattanaik and Dominique Vidalon; Editing by David... [read full story]                    

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Latest article on this story:

LVMH sues eBay over fake perfumes and handbags! [The Scented Life: All about fragrance]

prettybynature.com 04-Jul-2008
First article on this story:

French court to rule in luxury group case against eBay

afp.com 29-Jun-2008
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Ebay, Louis Vuitton, Ile-de-France, Paris, France