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Craigslist, Ebay Face Off in Closely Watched Trial

9 points by grellas 17y ago

ams6110 17y ago
lawyers for Craigslist set out in their cross-examinations Monday to show that it was eBay that had engaged in deceptive acts by hiding its intention to launch a competing classified site, Kijiji, and misusing confidential information it had gleaned through its dealings with Craigslist. Don't they have to show actual damages? I mean, who uses Kijiji?
- Freebytes 17y ago
  I think it is a valid concern if someone that says they are looking out for your best interest starts a competing company even if that company is unsuccessful. Board members should be trying to give the best results to the shareholders. If you are competing before you even get to the board, you probably do not have the shareholders of Craigslist in mind.
- onewland 17y ago
  Kijiji is the worst name I've seen for anything, ever. Most fonts do not distinguish well enough between 'i' and 'j' for it to be considered even readable.
- tokenadult 17y ago
  Business relationships can have various kinds of fiduciary duties even if breach of those duties results in minimal economic harms. The gravity of the harms might influence the damages awarded in the judgment of the case, but one party (or the other) acting contrary to a fiduciary duty would still influence what judgment results (who wins or loses). The well written news article submitted here reports "a judge on the Delaware Chancery Court began hearing testimony Monday in a corporate governance battle between eBay, the popular online auction site, and Craigslist, the online classified advertising site." So the governing law is the corporations law of the state of Delaware, and there must be a large body of precedents in that jurisdiction (which is the favored state of the United States for forming business corporations) about what the duties are of various parties to business transactions under contract theories in situations that might lead to corporate mergers. This should be an interesting case. And, yes, I am a lawyer, although most of the incorporation law I practice is nonprofit incorporation in my own state, not for-profit incorporation in Delaware.
- hyperbovine 17y ago
  Squeegee or whatever it's called has a decent following in Canada and a lot of European countries where craigslist didn't get there first. In the US though I think their traffic has actually been falling.
deleted 17y ago
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9 points by grellas 17y ago

lawyers for Craigslist set out in their cross-examinations Monday to show that it was eBay that had engaged in deceptive acts by hiding its intention to launch a competing classified site, Kijiji, and misusing confidential information it had gleaned through its dealings with Craigslist. Don't they have to show actual damages? I mean, who uses Kijiji?

Freebytes 17y ago
I think it is a valid concern if someone that says they are looking out for your best interest starts a competing company even if that company is unsuccessful. Board members should be trying to give the best results to the shareholders. If you are competing before you even get to the board, you probably do not have the shareholders of Craigslist in mind.
onewland 17y ago
Kijiji is the worst name I've seen for anything, ever. Most fonts do not distinguish well enough between 'i' and 'j' for it to be considered even readable.
tokenadult 17y ago
Business relationships can have various kinds of fiduciary duties even if breach of those duties results in minimal economic harms. The gravity of the harms might influence the damages awarded in the judgment of the case, but one party (or the other) acting contrary to a fiduciary duty would still influence what judgment results (who wins or loses). The well written news article submitted here reports "a judge on the Delaware Chancery Court began hearing testimony Monday in a corporate governance battle between eBay, the popular online auction site, and Craigslist, the online classified advertising site." So the governing law is the corporations law of the state of Delaware, and there must be a large body of precedents in that jurisdiction (which is the favored state of the United States for forming business corporations) about what the duties are of various parties to business transactions under contract theories in situations that might lead to corporate mergers. This should be an interesting case. And, yes, I am a lawyer, although most of the incorporation law I practice is nonprofit incorporation in my own state, not for-profit incorporation in Delaware.
hyperbovine 17y ago
Squeegee or whatever it's called has a decent following in Canada and a lot of European countries where craigslist didn't get there first. In the US though I think their traffic has actually been falling.

deleted 17y ago

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