French Court Finds in Favor of eBay

Date : 05/13/2009 @ 10:05AM
Source : PR Newswire
Stock : Ebay Inc. (MM) (EBAY)
Quote : 23.61  0.02 (0.08%) @ 7:54PM
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French Court Finds in Favor of eBay

SAN JOSE, Calif., May 13 /PRNewswire-FirstCall/ -- Background: A French Court has ruled in favor of eBay in a case brought by L'Oreal over the sale of counterfeit goods. The Paris court found that eBay had "fulfilled its duty."

Mary Huser, deputy general counsel for eBay said:

"This is a clear legal victory for eBay and important victory for French consumers. We are delighted that eBay's meaningful efforts to fight counterfeits online have been recognized by the court, as has our status as an internet-hosting provider.

"Today, 99% of all items listed on eBay have no suspicion of counterfeits. We welcome the invitation to resolve the outstanding matters in an amicable way, as we have always believed that cooperation is the best way to fight counterfeits. Ongoing dialogue and collaboration, rather than litigation, is the only way to address these complex issues, which is in everyone's best interests."

About eBay Inc.

Founded in 1995, eBay Inc. (NASDAQ:EBAY) connects hundreds of millions of people around the world every day, empowering them to explore new opportunities and innovate together. eBay Inc. does this by providing the Internet platforms of choice for global commerce, payments and communications. Since its inception, eBay Inc. has expanded to include some of the strongest brands in the world, including eBay, PayPal, Skype, StubHub, Shopping.com, and others. eBay Inc. is headquartered in San Jose, California.

Contact: Taj Meadows 202.478.3697 or Alina Piacentino 202.778.1295

DATASOURCE: eBay Inc.

CONTACT: Taj Meadows, +1-202-478-3697 or Alina Piacentino,

+1-202-778-1295, both for eBay Inc.

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