Ebay Sues Craigslist - Conflict of Interest Anyone?
By DavidReece • Apr 23rd, 2008 • Category: NewsAuction site eBay has filed a lawsuit against popular classifieds site Craigslist, claiming that eBay’s 28% stake in its competitor was intentionally diluted by the actions of Craigslist founders, Craig Newmark and Jim Buckmaster.
Details on what these actions were are still sketchy, by there is speculation that Craigslist either brought in another investor, or increased [...]