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by gojomo 5766 days ago
Have you read Craigslist's countersuit?

http://blog.craigslist.org/2008/05/unlawful-and-unfair/

Craigslist alleged eBay specifically put key managers of eBay's Craigslist competitor, Kijiji, into the Craigslist board seat.

Here, also, is better coverage of the decision:

http://www.bloomberg.com/news/2010-09-09/ebay-wins-lawsuit-a...

It wasn't a rout for eBay; the judge seems to have agreed with Craigslist on the critical issue of a board seat for eBay:

On the question of EBay’s seat on Craigslist’s board, Chandler found that the agreement covering EBay’s investment didn’t guarantee it a director’s spot.

The agreement specifically stated that if EBay started competing with Craigslist in the U.S. market for classified advertising, the minority shareholder couldn’t stop efforts to remove the board seat, Chandler said.

EBay’s claims over the seat amounted to an “attempt to obtain a permanent board seat through litigation, when it could not obtain a permanent board seat through arms-length negotiations,” the judge said.