A lawsuit by jeweler Tiffany & Co (TIF.N) against eBay (EBAY.O) brought under trademark law is set to open on Tuesday and could affect online auctions of luxury products.
Tiffany sued eBay in 2004 in Manhattan's U.S. District Court, claiming the online auctioneer had aided violations of jeweler's trademarks by letting counterfeit items be sold on its Web site.
At the heart of the lawsuit is who should be responsible for policing the Web site for counterfeit products -- eBay or Tiffany, said experts, adding that the decision could set a precedent.
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