Tiffany Sues eBay
Tiffany & Company, the famous New York-based jewelry retailer, is suing San Jose, California-based online auction firm eBay for allowing its Web site to be used to sell counterfeit jewelry.
The landmark lawsuit also alleges that eBay, in addition to facilitating sales of fake Tiffany goods, also makes millions of dollars from fees charged for counterfeit sales.
Two years ago, Tiffany bought several hundred items on eBay and found that three quarters of the items purchased were counterfeit.
The Tiffany lawsuit, which originally was filed in 2004 in a New York State court, is expected to go to trial by the end of this year, according to press reports.
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