Monday, September 25, 2006

LVMH sues eBay over sales of fake products

Louis Vuitton and Dior Couture, two leading brands of French group Moet Hennessy Louis Vuitton (LVMH ) is suing American online marketplace eBay in a Paris court over sales of counterfeit products.

According to a report of French daily le Monde on Thursday, the two brands accused that eBay, - World's No. 1 online bidding community of more than 200 million members -, had not carried out effective measures to block the fake items sale.

Louis Vuitton and Dior Couture claimed that between 2001 and 2005, the fake goods had brought them damages of 20 million euros (one euro equals about 1.27 U.S. dollars) and 17 million euros respectively.

According to LVMH's statistics, in the second quarter of 2006, the group found 150,000 ads for Louis Vuitton handbags and 300,000 for Dior items, of which at least 90 percent are fakes.

Ebay had not made any comments on the lawsuit, the report said.

Source: english.people.com.cn

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