Earlier today, the Tribunal de Commerce in Paris, France ordered eBay to pay 38.6 million euros ($61 million) in damages to the French luxury goods company Louis Vuitton (LVMH), regarding the sale of counterfeits online.
The ruling stems from a lawsuit filed by LVMH back in the Fall of 2006. Since that time eBay has invested tens of millions of euros in stopping counterfeit goods appearing on the site. In 2007 eBay suspended approximately 50,000 sellers. eBay also blocked 40,000 previously suspended sellers from coming back.
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