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eBay Sues Craigslist

Posted by ryuzaki0 on from the no-more-legal-mumbo-jumbo dept.

phpmysqldev writes "In a very random move eBay has filed a lawsuit against Craigslist to 'protect its investment and shareholders'. "In a statement, eBay claimed that in January, Craigslist executives took actions that 'unfairly diluted eBay's economic interest by more than 10%'." eBay is a minority shareholder of Craigslist owning 28.4%. Craigslist suspects eBay's intentions are less than honorable, speculating about a possible hostile takeover. The court case is sealed and eBay has not elaborated on its claims."

2 of 283 comments (clear)

  1. IANAL by digitrev · · Score: 0, Redundant

    So obviously I don't know, but this seems a bit anti-competitive. I mean, suing someone because they're competition? Isn't that why monopoly laws and competition bureaus exist? I can't actually see eBay winning this, so they must be doing this for some PR. An at-least-we-tried campaign. Can someone elaborate if this is legit?

    --
    Cynical Idealist
  2. Re:For those of you that are going to ask by ednopantz · · Score: 0, Redundant


    I'm not surprised. Nor am I surprised when my postings disappear for no apparent reason.

    Craigslist is a pretty amateur operation. [Which is how they seem to want it.]