PPR threatens to sue Ebay over counterfeit goods
Published August 31st, 2007
PPR, the French conglomerate that owns Gucci, Bottega Veneta and several other luxury goods brands, is threatening legal action against Ebay if the online auction site does not crack down on counterfeits sold on its website.
In an interview with the Financial Times, François-Henri Pinault, PPR’s chairman and chief executive, said that his company had been in talks with Ebay for several months in an attempt to improve the policing of fakes sold by the site’s members.
“We have signalled to Ebay that if their practices related to our products continues, we envisage taking legal action. We are in the process of talking to them about what they should do to avoid this.” He said it was up to Ebay to verify whether branded products sold by its members were authentic. “They can’t let people trick others by selling counterfeits on Ebay.”
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