Appeals Court Favors eBay in Tiffany Case

A New York appeals court has ruled in eBay's favor in its longstanding legal dispute with Tiffany & Co. over whether the auction giant is responsible for policing the sale of counterfeit goods. The legendary jewelry company had alleged that trademark law requires eBay to keep tabs on the legitimacy of products sold on its platform and that the sale of counterfeit goods amounts to false advertising on eBay's part; the U.S. Second Circuit Court of Appeals ruled that this is not the case.