Despite the €1bn fine handed to Intel by the European Commission, it wasn’t all bad news for US tech companies in Europe on Wednesday. Ebay won a lawsuit in the French courts over sales of fake L’Oréal perfume on its auction site. A court specialised in trademark law ruled that Ebay was merely a host site for the sales of counterfeit goods and not a party to their sale. It also said Ebay, which has a $10m a year budget for fighting online crime, was doing all it could to combat fakes. Read more