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The companies are implementing cooperative
measures aimed at protecting intellectual property rights and
fighting the online sale of counterfeit goods.
"Thanks to our joint efforts, consumers will enjoy a safer
digital environment globally," the companies said in a joint
statement, without giving detail on the measures.
A host of perfume and cosmetic brands under the LVMH umbrella,
including Christian Dior, Givenchy and Geurlain, sued the
world's 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.
In 2008 a French court ordered eBay to pay LVMH 38.5 million
euros ($52.1 million). A subsequent appeal court reduced the sum
to 5.7 million euros but affirmed that eBay had been in the
wrong.
In 2012 a French appeal court ruled that a lower court did not
have jurisdiction over eBay's U.S. website but upheld the ruling
as applied to its French and British sites.
LVMH shares were down 0.6 percent at 139.15 euros on Thursday
morning.
($1 = 0.7391 Euros)
(Reporting by Martinne Geller in Paris; Editing by David
Goodman)
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