Ebay is to appeal against a ruling in the French court yesterday, which ordered the online auction site to pay €38.6 million Euros (£30.6 million) to luxury goods group LVMH, for allowing the sale of fake goods.
Yesterday the French court ruled that Ebay must pay the fine to LVMH for not doing enough to prevent the sale of fake LVMH goods on its site. LVMH had claimed damages of around €50m (£39.4m)
Ebay said in a statement: "We will fight all these decisions in the name of Ebay users, and we have decided to appeal. If counterfeit goods are put up for sale on our site, we scrap them as soon as possible."
Ebay continued: "Today's [Monday’s] decisions are not about fighting counterfeiting. It's about LVMH's desire to protect commercial practices that exclude all competition."
The ruling came one month after Ebay was ordered by another French court to pay handbag maker Hermes €20,000 (£15,769), for allowing the sale of fake Hermes products.