It was bound to happen, and today it’s official: Craigslist is countersuing eBay, claiming unfair competitive practices, fraudulent business claims, copyright infringement and more.
The auction site has a roughly 25% stake in Craigslist, and Craigslist wants it back, and the filing says that Craigslist wants eBay to divest its shares.
We’ll have to see how this pans out when it goes to court, but it’s looking like eBay, the company that trades on people being good to each other, wasn’t taking its own medicine.
Bring it on CL and give it to ‘em! I can’t believe that Ebay thinks it is okay to own 25% of CL and then launch Kijiji. They don’t seem to get the fact that there are corporatations out there with goals *other* than constantly making money. Craig himself said that at a conference, and a huge audible gasp could be heard across the room.
God bless the Newmark’s of this world, I hope they win spectacularly.
On a side note, anyone notice how bad Kijiji is to actually use?
I once had the most expensive item listed on eBay (2001 – Tu-144LL supersonic jet) and they pulled the ad. Later, they called wanting the jet back on their new motors.ebay promo. I had already found a buyer. I decided several years ago to start my own FREE listing site. AdBirds is the “Clean & Green” answer to CL. We give Google and Paypal checkout free of charge, free listings, free brand uploads for store inventory, embed videos, maps to stores, etc. etc. etc. More value, even FREE.