7/1/2008

eBay told to pay $61M to fashion brand for fakes

Filed under: Aviran Mordo @ 3:20 am

A French court ordered eBay Inc. to pay more than $61 million to a high-end fashion company Monday because counterfeit goods were sold on the auction site.

The fashion company, LVMH Moet Hennessy Louis Vuitton SA, is home to such prestigious brands as Louis Vuitton, Givenchy, Fendi, Emilio Pucci and Marc Jacobs, and had complained that it was hurt by the sale of knockoff bags and clothes on eBay.

 

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