L'Oreal and eBay bury the hatchet after forgery fight

Jan 15, 2014
Cosmetics giant L'Oreal and online auctioneer eBay buried the hatchet on Wednesday after more than six years of court battles over the sale of counterfeit goods, a joint statement said

Cosmetics giant L'Oreal and online auctioneer eBay buried the hatchet on Wednesday after more than six years of court battles over the sale of counterfeit goods, a joint statement said.

"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".

The deal comes more than two years after the European Court of Justice decided that eBay should be held responsible if it did not step up its anti-counterfeit measures.

In 2007, L'Oreal pursued eBay in Belgium Germany, France, Britain and Spain after seeing a growing stock of fake perfumes and cosmetics items on the site.

Explore further: EBay expands same-day delivery to more cities

add to favorites email to friend print save as pdf

Related Stories

EBay wins court fight against L'Oreal in UK

May 22, 2009

(AP) -- A British court on Friday ruled that Internet marketplace eBay is not liable for bogus beauty products sold on its Web site, dealing a blow to cosmetics company L'Oreal's campaign against the online auction giant.

eBay fined in France for selling upscale perfumes

Nov 30, 2009

(AP) -- Online auction site eBay Inc. was fined euro1.7 million ($2.5 million) by a Paris court on Monday for failing to stop the sale of famous perfume brands like Christian Dior, Guerlain, Givenchy and ...

EBay calls on EU to change luxury brand rules

Sep 17, 2009

(AP) -- EBay Inc. called Thursday on the European Union to change antitrust rules that allow luxury manufacturers to choose who can sell their branded goods online.

EBay expands same-day delivery to more cities

Oct 22, 2013

EBay is expanding its same-day delivery service to more locations and letting buyers and sellers create "collections" of products available on its site as it moves beyond its roots as an online auctioneer.

Recommended for you

Weibo IPO below expectations, raises $285.6 mn

18 hours ago

Sina Weibo sold fewer shares than expected in its US IPO which was priced below expectations ahead of a Thursday listing that takes place after tech selloffs on Wall Street.

'Chief Yahoo' David Filo returns to board

19 hours ago

Yahoo announced the nomination of three new board members, including company co-founder David Filo, who earned the nickname and formal job title of "Chief Yahoo."

Fired Yahoo exec gets $58M for 15 months of work

20 hours ago

Yahoo's recently fired chief operating officer, Henrique de Castro, left the Internet company with a severance package of $58 million even though he lasted just 15 months on the job.

User comments : 0

More news stories

Hackathon team's GoogolPlex gives Siri extra powers

(Phys.org) —Four freshmen at the University of Pennsylvania have taken Apple's personal assistant Siri to behave as a graduate-level executive assistant which, when asked, is capable of adjusting the temperature ...

Better thermal-imaging lens from waste sulfur

Sulfur left over from refining fossil fuels can be transformed into cheap, lightweight, plastic lenses for infrared devices, including night-vision goggles, a University of Arizona-led international team ...