French auction regulator sues to close down eBay France
Published December 3rd, 2007
The French auction regulatory authority is seeking to close down eBay France for operating an online auction without a permit, it announced Monday.
The authority accused eBay of hiding behind the status of broker to avoid giving the required legal guarantees to buyers and sellers, in breach of a July 2000 law that regulates auctioneers online and offline. It has asked the high court in Paris to order eBay to stop auction sales in France until it has the required legal authorization.
The action is completely unjustified, according to a statement from eBay, which said it has “invented another way of buying and selling” not covered by the law on auction houses.
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