As touched on in a related report two weeks ago (see French Court Orders eBay to Pay $61 Million for Sale of Counterfeit Goods), TIffany & Co. initiated a lawsuit against eBay with regard to the high number of counterfeit Tiffany goods being sold on the auction website.  The U.S. District Court judge in New York  ruled yesterday that eBay Inc. fulfilled its legal obligation and took adequate precautions to block the sale of counterfeit jewelry on its site.  This marks a significant victory for eBay in battling luxury companies suing the auction giant for not effectively policing its e-commerce website for fraud. [Read more…]