eBay Victorious in Tiffany Case
By: eBay Inc. Staff
U.S. Court of Appeals Upheld Lower Court’s Ruling in eBay’s Favor
SAN JOSE, Calif.--(BUSINESS WIRE)--eBay Inc. (NASDAQ:EBAY) said today that it welcomed the U.S. Second Circuit Court of Appeal’s ruling that eBay is meeting its responsibilities in fighting counterfeiting under trademark law. This decision affirmed a lower court’s ruling in favor of eBay. Michael R. Jacobson, eBay general counsel, made the following statement regarding the decision:
“The decision is a critically important victory for online consumers who want the best prices for genuine products and underscores eBay’s commitment to connecting buyers and sellers under the pillars of trust, value, and selection. The ruling validates eBay’s leading efforts to fight counterfeiting and its commitment to providing consumers with choice and value in a safe and trusted marketplace. We continue to support cooperation, rather than litigation, as the best way to address these issues in everyone’s best interests and we remain confident that the one remaining issue in the case will be decided favorably on remand.”
About eBay Inc.
Founded in 1995 in San Jose, Calif., eBay Inc. (NASDAQ:EBAY) connects millions of buyers and sellers globally on a daily basis through eBay, the world's largest online marketplace, and PayPal, which enables individuals and businesses to securely, easily and quickly send and receive online payments. We also reach millions through specialized marketplaces such as StubHub, the world's largest ticket marketplace, and eBay Classifieds sites, which together have a presence in more than 1,000 cities around the world. For more information about the company and our global portfolio of online brands, visit www.ebayinc.com.