LVMH and eBay have settled a long running court battle over the sale of counterfeit luxury goods on the etailer’s website.
The companies have said they will now implement joint measures aimed at protecting the intellectual property rights of LVMH and fighting the online sale of counterfeit goods. The companies did not outline details of the measures.
Christian Dior, Givenchy and Guerlain, which are all owned by LVMH, sued eBay in 2008 accusing the site of allowing the trade of fake goods.
In 2008 a French court ordered eBay to pay LVMH €38.5m (£30.4m). A subsequent appeal court reduced the sum to €5.7m (£4.3m) but agreed eBay had been in the wrong.
In 2012 a French appeal court ruled that a lower court did not have jurisdiction over eBay’s US website but upheld the ruling as applied to its French and British sites.