Subject:
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EBay Settles Lawsuit Against BidBay
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Newsgroups:
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lugnet.mediawatch
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Date:
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Thu, 21 Feb 2002 06:43:37 GMT
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Viewed:
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1529 times
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I wasn't sure what newsroup this should be in. And yes I know it doesn't
really mention a lot of LEGO news. But there is a small report about
www.bricklink.com formally know as www.brickbay.com.
****************************************************************************
From the business wired.
EBay Settles Lawsuit Against BidBay.
SAN JOSE, Calif. (AP) - EBay Inc. has settled a trademark-infringement
lawsuit it brought in July against BidBay.com, an upstart Internet auction
site with a similar look and rainbow-colored logo.
BidBay, based in Tujunga, Calif., agreed to change its name to
AuctionDiner.com, design a new logo and pay eBay an undisclosed sum, lawyers
for both companies said Wednesday.
``The fight was becoming too expensive for us,'' BidBay lawyer Barry Sabahat
said.
San Jose-based eBay contended that BidBay copied eBay's look and feel to
attract buyers and sellers. Using the term ``Bay'' in the name was
especially egregious and an improper attempt to trade on eBay's solid
reputation, said Jay Monahan, eBay's associate general counsel.
Similarly, eBay also recently persuaded Brickbay.com, a site for trading
LEGO building-block toys, to change its name to Bricklink.com, Monahan said.
BidBay was started in December 1999 by George Tannous, a former Internal
Revenue Service agent who bought the domain name for $1,000 on eBay.
From inception through last Sept. 30, the company lost $9.1 million on
revenue of $755,000, according to its most recent Securities and Exchange
Commission filing, made in preparation for a possible public sale of stock.
The company withdrew its registration statement with the SEC on Wednesday.
-End of report-
-Abner
GMLTC.ORG
LUGNET #545
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Message has 3 Replies:
 | | Re: EBay Settles Lawsuit Against BidBay
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| It seems eBay is out on a witch hunt. I don't think they were the only ones to come up with the term *bay* for their site. When do the sue Monteray Bay? This is ridiculus. I think I am boycotting eBay... Rick (23 years ago, 21-Feb-02, to lugnet.mediawatch)
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