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Craigslist countersues eBay, saying it's competing illegally
posted 4:23 pm Tue May 13, 2008 - SAN JOSE, Calif.
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Craigslist is countersuing its minority owner, eBay Inc. alleging it is competing illegally, infringing on their trademark and breaching its duty to shareholders.Craigslist filed its complaint in Superior Court in San Francisco on Tuesday. It claims eBay broke laws by taking a series of actions in relation to its own classifieds site Kijiji, which launched last year in the U.S. Craigslist claims in the lawsuit that EBay calls Kijiji the "Craigslist killer."
EBay sued Craigslist in April alleging Craigslist founder Craig Newmark and Chief Executive Jim Buckmaster engaged in a series of "clandestine transactions" intended to dilute its stake unfairly.
EBay sued Craigslist in April alleging Craigslist founder Craig Newmark and Chief Executive Jim Buckmaster engaged in a series of "clandestine transactions" intended to dilute its stake unfairly.
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