🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

UPDATE 2-L'Oreal has setback in Paris eBay counterfeit case

Published 05/13/2009, 03:22 PM
Updated 05/13/2009, 03:24 PM

(Recasts with L'Oreal setback in court, adds eBay comment, details)

PARIS, May 13 (Reuters) - A Paris court on Wednesday rejected L'Oreal's claim that eBay was liable for selling counterfeited goods, saying the online auctioneer had met its obligations to fight such trading.

The court said the two companies had accepted legal mediation to work together and scheduled a hearing on their progress for May 25.

Citing a European directive transposed into French law, the Paris court recognised that eBay was a retail host but bore limited responsibility.

It added that eBay had "fulfilled its obligations in good faith."

"The decision is a victory for eBay and for consumers," said Alexander von Schirmeister, head of eBay in France.

"We are very happy that eBay's major efforts to fight counterfeiting are recognized by the court as well as our status as host."

For its part, L'Oreal said in a statement that the court had recognized that the fight against counterfeiting on eBay's platform regarding cosmetics and perfumes faced some difficulties.

The court's decision comes after luxury goods groups LVMH and Hermes won rulings in the French courts suggesting eBay should have done more to prevent counterfeits from being sold on its website.

L'Oreal, which owns brands Lancome and Yves Saint Laurent Beaute, lost a counterfeiting case against eBay in Belgium, which it is appealing, but won two cases in Germany that involved fake perfumes and products without any wrapping. (Reporting by Pascal Denise and Thiers Level, writing by Astrid Wendlandt; editing by Mike Nesbit, Gary Hill)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.