Rolex Loses eBay Lawsuit

Once again in the lawsuit follies, eBay is the victor. Bloomberg reports that the world's largest online auctioneer won a German court ruling in a case brought by Rolex over sales of counterfeit watches on eBay. The decision showed that Rolex could not find any similar counterfeit goods were offered on eBay after the company after the company was alerted to the possibility of counterfeits. Ulrich Egger, the spokesman for the court said that eBay's filter program detects sales that wold violate trademark rights.
Next up for eBay, a suit in London against L'Oreal. So far, eBay's lawsuit results have been mixed. It won against Tiffany & Co. last year in New York but lost to LVMH and Hermes in France. Rolex first sued eBay in 2001 over counterfeits but the original ruling in Dusseldorf for eBay was overturned in part in 2007 by the Federal Court of Justice which said eBay couldn't be held liable for damages and had to monitor its site to prevent fakes from being sold. Judges determined eBay is doing enough to police its site.
UPDATE: Blogging Stocks reports that eBay shares are at a seven-year low, partially due to concerns over the sales of counterfeit items on the site. Although eBay is spending millions to monitor its sellers, the problem of fakes continues to be one that plagues the site and damages its reputation.
The List #0147: Escape a Car Underwater
Visit the Maldive Islands Before It's Too Late
Reptiles Make Home in UK Man's Cable Box
Springtime Budget-Busters -- Savings Experiment
Distraught Mom Becomes Face of Oklahoma Storm
Is This Woman Too Pretty To Work?
Mariah Carey Suffers Wardrobe Malfunction on Good Morning America
The Story Behind Hairspray
Carrie Underwood Donates $1 Million to Oklahoma Tornado Victims
Watch a rocket-powered bicycle set a new land speed record
Reader Comments (Page 1 of 1)
Jane Feb 27th 2009 2:54PM
check your spelling, please.
Valerie Feb 27th 2009 3:05PM
Good for ebay.Also I just do not understand anyone (Deidre) making a post on subjects and just about everyday at least once having wrong spelling and repeat of words.This is very irritating,unprofessional and very sloppy work.
Deidre Woollard Feb 27th 2009 3:34PM
Thank you for the feedback, I appreciate your corrections.
amit Feb 28th 2009 8:56AM
good post........................