eBay fined big time
A Paris court yesterday ordered Internet auctioneer eBay to pay $63 million in damages to Louis Vuitton for selling fake luxury goods online. The commercial court also barred eBay from selling four perfume brands — Christian Dior, Kenzo, Givenchy and Guerlain — in the ruling intended to send a strong message about copyright protection. eBay was ordered to pay $30.36 million to LVMH and $27.24 million to its sister company Christian Dior Couture for damage to their brand images and causing moral harm. It must also pay $5.11 million to the four perfume brands for sales in violation of its authorised network. LVMH hailed the decision as a major coup against illegal sales on the Internet.
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