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damaradeaella
Joined: 23 Jul 2006
Posts: 501
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| Posted: Wed Sep 20, 2006 9:17 pm Post subject: eBay After the Bell Two More Threats |
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more.. link to news article
eBay after the bell 9-20-06: Two more threats
Posted Sep 20th 2006 5:25PM by Melly Alazraki
Okay, so eBay shook off yesterday's Yahoo! effect and managed to ride along with the rest of the stock market. EBay Inc. (NASDAQ:EBAY) shares rose by 19 cents, or 0.73% to close at $26.14.
However, two possible threats to eBay have surfaced today. One in the form of a lawsuit, the other, from a competitor.
The lawsuit comes from Louis Vuitton which decided that eBay isn't doing enough to stop the sale of counterfeit Vuitton goods on its site. Brian White wrote earlier today that if eBay loses, they might as well "shut down" as the costs of policing their site would be enormous.
In previous similar cases the "courts haven't completely cleared up the gray area that would indicate whether or not eBay could be held accountable for sale of illegal items on its site," as I myself had previously mentioned. A similar case against eBay in 2004 by jeweler Tiffany Co. is yet to be resolved. |
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dixielady060303
Joined: 20 Jul 2006
Posts: 46
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| Posted: Thu Sep 21, 2006 2:32 pm Post subject: |
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| Add Dior to the list of suits against Ebay! And the beat goes on! Lock and Load! |
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elgato
Joined: 24 Feb 2005
Posts: 17241
Location: Texas
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| Posted: Thu Sep 21, 2006 9:27 pm Post subject: Re: eBay After the Bell Two More Threats |
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Good article and thanks for posting it
This will obviously take months if not years to settle and I'll be real interested in the way it turns out 8) |
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mojavelyn
Joined: 25 Feb 2005
Posts: 8084
Location: Mojave Desert CA 120 miles from civilization
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| Posted: Thu Sep 21, 2006 9:29 pm Post subject: |
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| And the new fees will be ???? to pay the lawsuits???? |
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lammergeiernet
Joined: 01 Feb 2005
Posts: 1007
Location: Canada
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| Posted: Thu Sep 21, 2006 11:26 pm Post subject: Re: eBay After the Bell Two More Threats |
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The Amazon service caters to bigger sellers ,which will be no fun for eBay headoffice.
The legal front is longtime overdue ,not only has it hurt our brand for too long , its gotten to such a point its brought in the design houses ,eBay wll be pressured to clean up its act.
Lets not forget google checkout and the rise of sellers evolution from happy content eBay sellers to bitter multi-channel selllers. Losing its war for Asia and lateral moves i.e. Skype.
eBay made itself vulnerable with back to back fee hikes and abandoning stores format ,its difficult to feel sorry for them when they brought it all on themselves at our expense. |
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dixielady060303
Joined: 20 Jul 2006
Posts: 46
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| Posted: Thu Sep 21, 2006 11:53 pm Post subject: |
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| Who's sorry for Ebay?!? I just hope they get what they so richly deserve! |
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