The war on counterfiet products rages on. The Far East has been producing them since they were conceived by the high end designers in Paris, Milan, London and New York. Buyers who think they are buying the real thing purchase such goods some willingly and some unwillingly not knowing that it is a fake.
The internet is riddled with such counterfeits from websites that proclaim to sell such goods at hugely discounted rates, to eBay. Which brings us to our topic.
LVMH Moët Hennessy Louis Vuitton has recently filed suit against online marketplace giant eBay of listing counterfeit goods for sale on its site.
If LVMH wins, the very foundations of eBay and it’s practice of letting buyers and sellers make deals on its site with minimal supervision by the company will be under jeopardy.
LVMH says in its lawsuit that of 300,000 Dior-branded items and 150,000 Vuitton bags offered on eBay during the first six months of this year, 90% were fakes.
This is bad in a way for the legit sellers of such goods on eBay as more people will trust them less about their merchandise and ultimately drive down sales and revenue for the seller and eBay alike, as eBay makes a commission of every sale.
To shop for real designer products visit www.yoox.com
To read more about the LVMH & eBay case, click here.