Tiffany & Co. Appealing eBay Lawsuit To Higher Court
Amit Chowdhry | Tuesday August 12, 2008 | 1,346 views| 1 Comment
It’s been about one month since eBay Inc. (NASDAQ:EBAY) won a lawsuit filed by Tiffany & Co. (NYSE:TIF). Now Tiffany is appealing the court ruling to the United States Court of Appeals for the Second Circuit. Tiffany claims eBay is responsible for counterfeit goods appearing on their online auction system.
“Tiffany’s decision to carry this litigation on after the District Court’s decision doesn’t do anything to combat counterfeiting,” stated an eBay spokeswoman. “The best way to stop counterfeiting is ongoing collaboration between companies, government agencies and law enforcement.”
Tiffany filed the lawsuit in 2004.
In late June, eBay lost a $61 million case against Louis Vuitton Malletier, Christian Dior Couture, and Parfums Christian Dior in a French court.
Related Link:
1. Reuters
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