EBay sues Craigslist ad website - BetaONE will rise again!

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23rd Apr 08, 02:21 PM

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EBay sues Craigslist ad website

The online auction giant eBay is suing the popular internet community ad site Craigslist to "safeguard its four-year financial investment".

In a statement, eBay claimed that in January, Craigslist executives took actions that "unfairly diluted eBay's economic interest by more than 10%".
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*Source: BBC News (http://news.bbc.co.uk/1/hi/business/7362221.stm)*

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