Online auction giant eBay Inc. has won the latest lawsuit in the Tiffany counterfeiting saga.
The U.S. Second Circuit Court of Appeals last week reaffirmed a lower court’s ruling in 2008 that eBay did not engage in wrongdoing.
Jeweler Tiffany & Co. sued eBay six years ago, after the company failed to convince eBay to take additional measures against counterfeit Tiffany-branded jewelry sold on its Web site.
“EBay knew that counterfeit merchandise was being sold on its site—and eBay took no effective steps to stop it,” Tiffany CEO Michael Kowalski said in a statement.
The auction company called the ruling “a critically important victory for online consumers.”
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