| Marketplace
Murmurs is a daily blog of
consumer-related news, thoughts and
missives that cross the minds and desks
of the CBC News: Marketplace staff... |
No breakfast at Tiffany's for eBay
January 31, 2006
Tiffany & Company,
the purveyor of fine jewellery, watches,
china, stationary, crystal, and sterling
silver telephone dialers,
is taking on auction giant eBay for facilitating
the trade of counterfeit Tiffany items
on the website.
 In
its lawsuit, Tiffany & Company accuses eBay of
allowing rampant distribution of counterfeit
products via its online auctions, and raking
in thousands of dollars in fees on those
transactions.
Experts say the online auction
business may collapse if Tiffany’s
is successful in its lawsuit, Forbes reports.
A spokesperson for eBay says
the company never has possession of the
items sold through its website, and that
eBay merely provides a marketplace for buyers
and sellers.
EBay’s current policy
is to allow the sale of knock-offs until
it gets a complaint from someone who owns
the trademark or copyright.
The case is expected to go
to trial by the end 2006.
via: Forbes
murmur categories: money/shopping, services
related Murmurs: How
to steer clear of eBay scams
tags:
consumers consumer news consumerism eBay shopping auction business
posted by Tessa | 9:32 AM (ET) | Permalink
|
