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eBay suing Criagslist
Online auction giant eBay is suing the popular Internet ad site Craigslist.
The details are sketchy, but eBay says Craigslist is "unfairly diluting eBay's economic interest" in the Web site. EBay has a 28 percent stake in Craigslist.
EBay's general council says Craigslist has adopted measures that have disadvantaged eBay's investment. He did not specify what actions Craigslist has taken, but he's asking the court to rescind them.
Craigslist says the allegations are unfounded.
Posted by Lori Stassi on April 23, 2008 6:47 AM PT | Permalink
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