eBay Intellectual Property Meeting

Lawyers from eBay are holding talks with British luxury goods industry representatives. The meeting follows several high-profile cases involving perfume and fashion brands, which have called into doubt eBay’s commitment to protecting intellectual property.

The meeting will discuss any uncertainty in the intellectual property legislation on the Internet, and who should take responsibility for policing the black-online-market.

eBay’s lawyers believe that US law favours retailers rather than intellectual property owners. This was demonstrated in last weeks ruling which stated eBay had not broken any laws by allowing counterfeit Tiffany jewellery to be sold on the auction site as it acted appropriately once the items had been identified as counterfeit.

FB - Feedback

FB is an abbreviation for one of the most important aspects of eBay- Feedback!

MIJ - Made in Japan

MIJ or Made in Japan is an abbreviation used by eBayers to inform buyers that an item was made in Japan.

IBC - Inside Back Cover

IBC or Inside Back Cover is an abbreviation used by sellers on eBay to describe the other side of the back cover in a book. For example the description may state there is an autograph on the IBC.

ITF - Impossible To Find

ITF or Impossible To Find is an abbreviation used by eBayers to describe items that will be hard to find anywhere else. These are typically limited edition collectors items such as books and stamps.

GSP - Gold Sterling Plate

GSP or Gold Sterling Plate is eBay eBay lingo for a Gold Sterling Plate.

COA - Certificate of Authenticity

COA or Certificate of Authenticity is used by sellers on eBay to let buyers know that an item will come with a Certificate of Authenticity, i.e. the item is authentic and has certification to prove it.

MIB - Mint in Box

MIB or Mint in Box is an abbreviation used by sellers to describe an item that is in perfect condition (usually unused) and will come with its original box.

Please note it is advisable to check with the buyer that there is no damage to the box.

AUTO - Autographed

AUTO or Autographed is used by eBay sellers to describe an item which has been autographed. It is worth noting that there have been cases of items being tagged with AUTO which do not have an original autograph, if you’re buying ensure you have a certificate of authenticity.

GC - Good Condition

GC or Good Condition is an abbreviation used by sellers on eBay to describe an item that is in a good condition i.e. not in a perfect condition.

Next Page »