Feeds

Feds probe eBay over Craigslist plunder allegations

Tit-for-tat tat spat goes criminal

  • alert
  • submit to reddit

Internet Security Threat Report 2014

US prosecutors have launched a criminal investigation into allegations eBay employees stole confidential information from Craigslist, according to a grand jury subpoena.

The two internet companies have been slugging it out in the civil courts for years, with Craigslist insisting eBay used its stake in the classified ad website to figure out how to launch its own rival service in the US, which it did in 2007.

The subpoena, issued in California, is looking for a load of information and documents, including some regarding eBay founder and chairman Pierre Omidyar, according to Reuters after it obtained a copy of the writ - which was issued on behalf of the US Justice Department.

An eBay UK spokesperson told The Reg today that the company will cooperate in "any inquiry related to disputes between eBay and Craigslist. eBay believes that Craigslist’s allegations against eBay are without merit".

eBay launched its own classified ad site Kijiji.com, later renamed eBayClassifieds.com, in 2007. Craigslist immediately moved to have eBay's representative taken off its board and dilute the online auction house's 28.4 per cent stake in the firm to 24.9 per cent. A lawsuit brought by eBay in Delaware in response came down to a one-all draw, with Craigslist losing the dilution of the stake but winning on sending the board representative packing.

eBay wanted that to be the end of it, but Craigslist has its own suit in a Californian court alleging breach of contract and breach of fiduciary duty, among other issues - all hanging on the allegations that eBay misappropriated confidential information from Craigslist to use in launching its own classifieds site. That case is still open.

At the time of publication, Craigslist had not responded to a request for comment. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Scrapping the Human Rights Act: What about privacy and freedom of expression?
Justice minister's attack to destroy ability to challenge state
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Hey Brit taxpayers. You just spent £4m on Central London ‘innovation playground’
Catapult me a Mojito, I feel an Digital Innovation coming on
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
EU probes Google’s Android omerta again: Talk now, or else
Spill those Android secrets, or we’ll fine you
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.