By  on July 15, 2008

EBay’s business model has been validated — at least on one side of the Atlantic.

After a victory last month in France, luxury brands and other labels sold on eBay in the U.S. were dealt a major setback Monday in their battle with online counterfeiters. A federal judge in Manhattan, ruling in a trademark lawsuit filed four years ago by Tiffany & Co., said the giant online auction house does not have the legal responsibility to prevent the sale of counterfeit goods.

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