EBay sues Craigslist

April 23, 2008 – 12:57 pm

For whatever reason, EBay is suing Craigslist.  What is more surprising to me is that EBay owns roughly 28% of Craigslist.  I suppose it is smart for EBay since they are probably losing money because since they keep raising their fees, it is more lucrative for sellers to use Craigslist for many items.

In a statement, eBay claimed that in January, Craigslist executives took actions that “unfairly diluted eBay’s economic interest by more than 10%”


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