LVMH Awarded $61.3M In EBay Counterfeit Case

2 Jul

The  decision was handed down by a French court on Monday, June 30; the online auction site has been hit with the highest fine ever awarded in Europe.

After a two-year legal process, eBay Inc. and eBay International were ordered to pay LVMH Moët Hennessy Louis Vuitton compensation totaling 38.9 million euros, or $61.3 million at current exchange, for allowing the sale of counterfeit goods and for the unlawful sale of authentic fragrances.

Paris’ Tribunal de Commerce on Monday found eBay guilty of gross misconduct in failing to prevent the sale of fake Louis Vuitton leather goods and Christian Dior eyewear and handbags, and ordered it to pay those businesses 19.3 million euros, or $30.5 million, and 16.4 million euros, or $27.5 million, respectively.

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