eBay Backs Down from ‘Destroy Policy’ on Fakes (AuctionBytes)

eBay has reversed a new policy in which it required buyers to destroy items they believed were not authentic. The revised policy states that sellers should give assurances to buyers concerned about authenticity, and if buyers and sellers cannot agree that items are not counterfeit, buyers should return the items …

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GM expected to cut 1,100 dealerships (The Washington Times)

DETROIT (AP) — A day after Chrysler LLC told a quarter of its dealers that it won’t renew their contracts, owners of General Motors Corp. dealerships are awaiting word on whether they will be next. GM said it will notify 1,100 U.S. dealers on Friday that their franchise agreements will …

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Court backs eBay over L’Oreal fakes (Guardian Unlimited)

Online auctioneer hails decision as a victory for consumers The world’s largest online auctioneer, eBay, was today claiming a “victory for consumers” after a court in Paris ruled that it was not liable for counterfeit L’Oreal perfumes for sale on its website. The perfume and cosmetics company has taken legal …

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