A French court has dismissed a lawsuit against eBay by cosmetics firm L’Oreal SA that charged the online auction site with selling counterfeit goods, according to wire reports. The ruling follows one in Belgium last August that found EBay does not have a general obligation to monitor what is on sale at its site. “This is a clear legal victory for EBay and important victory for French consumers,” said Mary Huser, general counsel for EBay. “We welcome the invitation to resolve the outstanding matters in an amicable way as we have always believed that cooperation is the best way to fight counterfeits.” L’Oreal had been looking for $4.8 million in damages

Posted: 05|14|09 at 9:10 am. Filed under: Auction News.