EBay Ordered to Pay 40M Euros for Selling Fake Louis Vuitton Goods

On June 30, a Paris court ordered one of the biggest Internet auctioneers, eBay, to pay 40 million euros (which is about 63 million USD) in damages to the French-based luxury fashion and leather goods brand and company, Louis Vuitton, due to the fact that the auctioneer was selling counterfeit luxury goods of the brand online. In addition the commercial court banned the Internet auctioneer from selling such perfume brands as: Christian Dior, Kenzo, Givenchy and Guerlain, having the goal of providing a message about copyright protection.

Source: Bizaims.Com