Ebay v. Craigslist: Details Are Now Public
By Joseph Hunkins at May 01, 2008 1 Comments|
Ebay has released details of its complaint against Craigslist, somewhat ironically a company in which Ebay has a substantial equity stake. That equity is critical to the lawsuit, which in a nutshell is about how Craigslist responded to Ebay’s entry into the classified market with their listings website called Kijiji. That response was a reorganization that effectively took away Ebay’s right to have a seat on the Craigslist board due to stock dilution. |
Tags:
Craigslist, eBay, lawsuits
One Comment
there doesnt seem to be much basis for this lawsuit. ebay became a competitor – and craiglist then did what it said it can do – based on their contract.
hate lawyers!