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Burned by knockoffs?
The Atlanta Journal-Constitution
Is that a real Louis Vuitton or a good knockoff?
Do you know? A French commercial court has ordered eBay Inc. to pay more than $61 million to a high-end fashion company because fake goods were sold on the auction site, according to an Associated Press article.
The company, LVMH Moet Hennessy Louis Vuitton SA, contends it was hurt by the sale of conterfeit bags and clothes auctioned on eBay. LVMH is home to such luxury brands as Louis Vuitton, Givenchy, Fendi and Marc Jacobs, AP reported.
EBay, which plans to appeal the ruling, argued that LVMH is worried that the Internet cuts out the middleman.
“If counterfeits appear on our site, we take them down swiftly,” eBay spokeswoman Sravanthi Agrawal said in the article. “But today’s ruling is not about counterfeits. Today’s ruling is about an attempt by LVMH to protect uncompetitive commercial practices at the expense of consumer choice and the livelihood of law-abiding sellers that eBay empowers every day.”
Have you ever been burned with a knockoff on eBay? Do you pity company that charges $1,000 - even if it is the victim of counterfeiters?
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