LVMH Moet Hennessy Louis Vuitton and eBay Inc have settled a long-running court battle over the sale of counterfeit luxury goods on the U.S. companys online auction website. The companies are implementing cooperative measures aimed at protecting intellectual property rights and fighting the online sale of counterfeit goods. A host of perfume and cosmetic brands under the LVMH umbrella, including Christian Dior, Givenchy and Geurlain, sued the worlds leading online auctioneer in 2008, accusing the site of allowing trade in counterfeit goods. LVMH also claimed that the sale of real perfumes through non-approved distribution channels such as eBay hurt its business.
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