DOJ Launches eBay Probe Over Craigslist Spat
Did eBay steal confidential information?
U.S. investigators have launched a criminal probe into whether eBay employees misappropriated confidential information from Craigslist to develop a competing service, the Wall Street Journal reports.
According to a grand jury subpoena issued last week, the U.S. Justice Department is looking for documents including emails and board meeting notes proving that eBay employees acquired confidential financial information and operating metrics “belonging to Craigslist under false pretense and provided it to a third party.”
In a statement, an eBay spokesperson said, “We will cooperate in any inquiry related to the disputes between eBay and Craigslist.
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