Results 1 to 3 of 3
-
05-14-2008, 02:33 AM #1
Om Shanti!
- Join Date
- Apr 2008
- Location
- Boston, USA
- Posts
- 13,175
- Thanks
- 744
- Thanked 700 Times in 550 Posts
- Blog Entries
- 4
- Feedback Score
- 4 (100%)
CraigsList and Ebay Clashed Suing Each Other
Online ad site Craigslist has filed a countersuit against business rival eBay, alleging it used its minority stake to steal trade secrets.
In a complaint filed in a California court, Craigslist challenged allegations made by eBay in April.
EBay is suing Craigslist to "safeguard its four-year financial investment", claiming Craigslist executives took actions to dilute eBay's stake.
The countersuit says eBay violated trademarks and used misleading advertising on Google to run ads for its rival Kijiji site that appeared to be Craigslist ads.
The lawsuit demands that eBay restore all shares of Craigslist owned by eBay or for the court to require eBay to divest its holdings in Craigslist.
The suit also asks for a cut of eBay profits and for punitive damages.
Source: BBCFree Classified Ads & BUSINESS/PROFESSIONAL SOCIAL NETWORK
-
05-17-2008, 01:23 PM #2
Sophomore
- Join Date
- May 2008
- Location
- Dhaka, Bangladesh
- Posts
- 132
- Thanks
- 1
- Thanked 9 Times in 8 Posts
- Feedback Score
- 0
I believe craigslist will will the lawsuit.
-
05-17-2008, 03:45 PM #3
Om Shanti!
- Join Date
- Apr 2008
- Location
- Boston, USA
- Posts
- 13,175
- Thanks
- 744
- Thanked 700 Times in 550 Posts
- Blog Entries
- 4
- Feedback Score
- 4 (100%)
I think so too. Its a win win for Ebay anyways. They get more publicity about their websites out of this lawsuit.
Originally Posted by enam
Free Classified Ads & BUSINESS/PROFESSIONAL SOCIAL NETWORK
Reply With Quote
Similar Threads
-
Craigslist Owner a Lier?
By mastermind in forum General BusinessReplies: 2Last Post: 12-11-2009, 06:57 PM
