Tuesday, 22 July, 2014

 
Published July 17, 2014
LVMH and eBay settle litigation over fake goods
Nxy ebay business 1707

LVMH Moet Hennessy Louis Vuitton and eBay Inc have settled a long-running court battle over the sale of counterfeit luxury goods on the US company's online auction website - PHOTO: REUTERS

[PARIS] LVMH Moet Hennessy Louis Vuitton and eBay Inc have settled a long-running court battle over the sale of counterfeit luxury goods on the US company's online auction website.

The companies are implementing cooperative measures aimed at protecting intellectual property rights and fighting the online sale of counterfeit goods.

"Thanks to our joint efforts, consumers will enjoy a safer digital environment globally," the companies said in a joint statement, without giving detail on the measures.

A host of perfume and cosmetic brands under the LVMH umbrella, including Christian Dior, Givenchy and Geurlain, sued the world's leading online auctioneer in 2008, accusing the the site of allowing trade in counterfeit goods. LVMH also claimed that the sale of real perfumes through non-approved distribution channels such as eBay hurt its business.