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]