Feeds

Craigslist gets personal with eBay countersuit

'Used shareholding unlawfully'

Beginner's guide to SSL certificates

Craigslist has filed a blistering countersuit against rival and shareholder eBay, accusing the auction giant of a range of transgressions including abusing its role on classified ad site's board.

Documents accuse the online tat seller of unfair and unlawful competition, false advertising, trademark infringement, unfair competition and breach of fiduciary duty.

eBay bought a minority interest in Craigslist from another shareholder in 2004. Craigslist alleges that in the run-up to the launch of eBay's rival classified service Kijiji the auctioneer used its shareholding to put two Kijiji insiders onto the Craigslist board, as well as requesting information which it used for anticompetitive purposes.

eBay is already suing Craigslist accusing it of diluting its shareholding. When eBay launched its Kijiji service in the US Craigslist founder Craig Newmark and CEO Jim Buckmaster told the auctioneer that as it was now an effective competitor eBay was losing some voting rights connected to its stake. The two also wrote to eBay boss Meg Whitman warning her they were looking at options to buy back their stake and were no longer comfortable having eBay as a shareholder.

In response eBay is suing to get its shareholder rights back.

Craigslist accuses eBay of trying to use its minority stake to stage a full takeover. The filing said: "Mr Newmark and Mr Buckmaster were taken aback by eBay's behavior, and feared that they had a wolf in sheep's clothing in their midst."

eBay is also accused of demanding confidential information both before and after the June 2007 launch of its own classified service Kijiji in the US. It is also accused of registering Craigslist-related URLs and using them to direct surfers to Kijiji.

The documents are available as a pdf from here. ®

The next step in data security

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Bono: Apple will sort out monetising music where the labels failed
Remastered so hard it would be difficult or impossible to master it again
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.