eBay Sues Craigslist
It's a widely held belief that eBay and Craigslist, the two premier online places to get rid of your old stuff and buy someone else's, are bitter rivals. While it's true that they're definitely competitors, what's not widely known is that eBay actually owns roughly a third of Craiglist, having bought 28% of the company back in 2004. Odd, then, that eBay would be suing Craigslist (and thus itself) for perpetrating some sort of unknown affront against the company.The lawsuit is sealed, meaning the exact complaint made by eBay is a secret, but it has something to do with actions made by Craigslist directors Craig Newmark and Jim Buckmaster, whom eBay feels were damaging to the company. The suit is an attempt to get those two to get the company back on whatever track eBay thinks is best. Exactly what track that is, unfortunately, also be a secret.
Maybe eBay is just bitter that its Craigslist competitor, Kijiji.com, hasn't exactly caught on. [Source: AOL Money & Finance/AP]
Reader Comments (Page 1 of 1)
Hero @ Apr 23rd 2008 3:39PM
I think 28% is closer to a quarter then a third.
Derbeste @ Apr 23rd 2008 4:17PM
Well then here's a quarter....call someone who cares.
JefScot205 @ Jun 5th 2008 1:43AM
I hope someday everybody quits using ebay and goes to Craigslist. Spread the word- Craigslist.org is THE BEST.if u r ever looking for a synonym for greedy, over-priced, rip-off, tyrant, etc; use the word ebay.
Example: I just got ebayed on the new _____ (fill in the blank) I bought. I should have shopped on "CRAIGSLIST" (C/L) !
For those of u who r not familiar with C/L; it's totally free. No fees or charges of any kind- period! Try it and I guarantee you'll love it! Go to: www.Craigslist.org and click on your state and the nearest city to u and your on your way to great deals and selling whatever u don't want or need anymore- all for FREE!