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  • Apr
  • 24
  • 2008

eBay Sues Craiglist; Tired of Not Making Big Money?

eBay has filed a lawsuit against Craigslist, alleging that the classifieds giant has diluted the online auctioneers stake in the company. eBay purchased 28.4% of Craigslist in 2004, but according to the report from Reuters, Craigslist has diluted that stake by more than 10% in an effort to lower eBays influence.

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