- GOP hopes taking shutdown off the table with budget deal will pay dividends
- Chinese Death Star: The moon cited as the perfect launch pad for ballistic missiles
- Help wanted: Homeland Security plagued by vacancies at the top
- We are not amused: Queen’s protection officers warned to keep ‘sticky fingers’ off the royal cashews
- Unleash the crossbows: Gov. Scott Walker creates new hunting season
- Bubonic plague kills 20 in Madagascar
- G-20 diplomats fell for hacker attack promising nude photos of former French first lady Carla Bruni
- Minnesota guardsman charged with stealing private soldier data for fake IDs
- Florida appeals court rules universities can’t regulate guns
- Vladimir Putin defends Russian conservative values
DOJ investigating alleged criminal actions by eBay
SAN FRANCISCO (AP) - Federal prosecutors are investigating whether employees of online marketplace operator eBay Inc. wrongfully used confidential information from Craigslist to build its own classifieds site.
The investigation was disclosed in a copy of a grand jury subpoena obtained by The Associated Press on Tuesday. The subpoena was issued Sept. 7 by the Department of Justice in U.S district court in San Jose.
The subpoena seeks information and documents about incidents in which eBay employees allegedly misappropriated confidential information from the online classifieds site. The subpoena, which was reported previously by Reuters, aims to gather information and supporting documents related to a number of incidents in which eBay employees “engaged in alleged criminal activities and misconduct focused around the misappropriation of proprietary/confidential information from Craigslist.”
Incidents outlined in the subpoena include a request in 2005 by eBay founder and Chairman Pierre Omidyar for information about how Craigslist went about adding new cities and for advance notice of its launch plans. It also alleges that eBay “engaged in false advertising and trademark and trade-name infringement in order to exploit Craigslist’s trade rights.”
It was unclear how many parties had been served with subpoenas related to the investigation.
Last September, a judge in Delaware’s Court of Chancery ruled that Craigslist founder Craig Newmark and CEO Jim Buckmaster violated their responsibilities to eBay with antitakeover measures they implemented. The moves diluted eBay’s share from 28.4 percent to 24.9 percent and made it harder for eBay to sell the stake.
Craigslist, which is based in San Francisco, adopted the measures in 2008 after deciding eBay had moved from being a partner to a threat. Buckmaster testified in a nine-day trial that after starting its own classifieds site in the U.S., eBay began buying online ads steering Internet users looking for Craigslist to its own sites.
EBay spokeswoman Amanda Miller said the company plans to cooperate in any inquiry related to disputes between the online marketplace and Craigslist. She noted that both companies are currently pursuing civil claims against each other in California.
Shares in eBay slipped 40 cents, or 1.4 percent, to $29 in extended trading on Tuesday after reports of the investigation emerged.
By Mangosuthu Buthelezi
Memories of a long brotherhood tempered in common struggle
- NAPOLITANO: A conspiracy so vast
- Obama's Afghanistan experts stumped on U.S. death toll, war costs during hearing
- House votes for bargain to end budget drama
- Comma on!: Twitter erupts over Obama-Castro 'marriage'
- Spike in battlefield deaths linked to restrictive rules of engagement
- Jane Fonda Foundation fails to make single contribution in 5 years: report
- Atheists smug as Hindus join Satanists to demand display at Oklahoma Statehouse
- U.S. debt jumps a record $328 billion tops $17 trillion for first time
- Biden guarantees victory on immigration reform
- U.S. pilot scares off Iranians with 'Top Gun'-worthy stunt: 'You really ought to go home'
Independent voices from the The Washington Times Communities
Covering the world of soccer, including the World Cup, Major League Soccer, D.C. United and the English Premier League and other interesting sporting events.
Born in 1930 in rural Missouri, Charles Vandegriffe, Sr., brings his time and place to the Communities.
Columns from Voices around the World talking about the events, people, politics and social issues that concern us wherever, and whoever, we are.
Extraordinary day at Redskins Park
White House pets gone wild!
Let it snow