Yet critics say eBay is clearly losing ground in the fight against counterfeit goods. Test purchases from among roughly 300,000 Dior products and 150,000 Vuitton items offered on eBay during the first six months of this year showed that 90% were fakes, LVMH says. The "brand new" Vuitton holdall listed for $188, for example, is certainly going cheap since the genuine article retails for $885 and is sold only at Vuitton boutiques and a handful of high-end retailers such as Neiman Marcus. "It's not enough for eBay to say, 'Tell us there's a counterfeit.' EBay knows, or should know" without being told, says Louis S. Ederer, an intellectual property lawyer at New York firm Torys LLP who has successfully represented Tommy Hilfiger Corp. and others in counterfeiting cases against retailers.
The market is saturated with fakes, sure. But this allows LVs legal department to continue to parlee their winnings into purchases of more store fronts and Aston Martin automaker.
Posted by: coin auction | January 9, 2008 8:44 PM | Permalink to Comment