CraigsList sues eBay

A few weeks after being sued by eBay, CraigsList is now suing the auction giant, alleging eBay had used its minority stake in Craigslist to steal corporate trade secrets.

Craigslist’s complaint alleges a plan by eBay to use its position as a minority shareholder in Craigslist and its position on the Craigslist board to gather competitive information that led to the launch of eBay’s rival classifieds business. The suit claims eBay code-named Kijiji its “Craigslist killer” in internal strategy discussions.

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