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CAPP -> CAPP -> L'Oreal and eBay end six-year feud
Post Info TOPIC: L'Oreal and eBay end six-year feud
budnonymous


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L'Oreal and eBay end six-year feud
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L'Oreal and eBay end six-year feud

L'Oreal had accused eBay of doing too little to stop the sale of fake products

 

Cosmetics giant L'Oreal and online auctioneer eBay have buried the hatchet after more than six years of court battles over the sale of counterfeit goods.

"The parties believe that cooperation, rather than litigation, is the way forward to fight against counterfeiting," L'Oreal and eBay said.

Settlement terms, "including financial terms in favour of L'Oreal", would remain confidential, the companies said.

L'Oreal, which is the world's biggest cosmetic company, has been battling eBay since 2007 in several jurisdictions, accusing the online pioneer of doing too little to stop the sale of fakes.

In the statement, L'Oreal said it "acknowledges eBay's commitment in the fight against intellectual property infringement".

 

(more at link)

 

[Translation: ebaY lost]



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