LVMH Moet Hennessy Louis Vuitton has won a huge victory against internet heavyweight Ebay.
The luxury goods company fought Ebay over the sale of official and counterfeit goods through Ebay.
“A French court ordered eBay to pay the luxury goods giant around 40 million euros, or $63.2 million at current exchange, for selling counterfeit items on its online auction site, and for selling genuine products outside their desired retail channel….Louis Vuitton received the lion’s share and was awarded 19.3 million euros, or $30.5 million; Christian Dior Couture received 17.4 million euros, or $27.5 million, and Parfums Christian Dior, Parfums Kenzo, Guerlain and Parfums Givenchy, were awarded around 3 million euros, or $4.7 million.”
[source]
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So does this make the city of New York liable for Canal Street goods?
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