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Craigslist counter-sues eBay for 'stealing corporate trade secrets'

James Quinn Craigslist, the classified advertising website, has accused eBay of stealing corporate trade secrets, in a counter-lawsuit that comes just three weeks after the online auction giant accused it of diluting its minority stake in the business. Craigslist has accused eBay of stealing corporate trade secrets, in a counter-lawsuit that comes just three weeks after the online auction giant accused it of diluting its minority stake in the business Craigslist chief executive Jim Buckmaster Craiglist accuses eBay not only of unfair competition and fraudulent business claims, but also of copyright infringement and using misleading advertising on Google - to run adverts for its rival Kijiji site that masqueraded as Craigslist adverts. The counter-suit comes in response to eBay's original lawsuit, filed in late April, which claimed that Craiglist held clandestine meetings in order to dilute eBay's 28.4pc stake in the business.

Full post as published by The Trade Secrets Vault on May 14, 2008 (boomark / email).