Posted By:
Dan LundriganLook what`s happening in New York. I found this today as well.Here are a few of the highlights from the news article I read. I won`t post the whole article here,if you want to read it go to Yahoo for it.
With so many moving targets, companies and attorneys battling the city's booming knockoff trade some estimates put it at some $23 billion annually are increasingly taking aim at the only people standing still: landlords.
Since the spring, luxury bag maker Louis Vuitton Malletier part of the LVMH Moet Hennessy Louis Vuitton conglomerate has forced the owners of 18 Canal Street buildings to settle lawsuits claiming they had knowingly looked the other way while tenants hawked thousands of cheap fakes.
Jewelry maker Tiffany & Co. sued eBay in 2004, claiming the online auction site had facilitated counterfeiting by allowing thousands of bogus Tiffany items to be sold each year.
Like the owners of brick-and-mortar buildings, eBay's defense has been that it merely provides a place for people to advertise, and isn't itself involved in handling or selling merchandise.
I think both E-bay and Tiffany have some valid points to there respective cases.It will be interesting to see how this ends up.However I feel like it won`t change a thing for us with regard to all the fake cards cropping up on E-Bay.
A $23 BILLION estimate annually in the knockoff trade man that is a TON of crap!
Does anyone have a guess at how much money is spent on fake cards,autographs and such in a year? I`m guessin around $5 mil a year.