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Shoemaker Steve Madden has picked a fight with Ebay, suing the e-commerce site for allowing the sale of counterfeit watches. This is becoming a well-trodden path for retailers feeling burned by illicit activity on Ebay — Tiffany, LVMH and L’Oreal have all filed similar suits.
But if history is a guide, Steve Madden will have a hard time recouping any alleged losses. Courts have tended to rule in Ebay’s favour, arguing that the e-commerce site is not responsible for ensuring the authenticity of goods sold by outside sellers. Only LVMH won compensation, to the tune of $63m.
That it is Steve Madden suing Ebay, and not a luxury brand, also serves as a reminder that counterfeiters are moving down the value chain, producing knockoffs of lower priced items.
Tags: ebay, L'Oreal, lvmh, steve madden, tiffany
David Gelles, Joseph Menn, Chris Nuttall and Richard Waters in the FT's San Francisco bureau upload their views - plus tech insights from writers in New York, London, Tokyo and Taipei. The blog includes a separate section on personal technology.
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