The partnership began in 2004, when eBay purchased equity interest in Craigslist. Things turned sour in 2008, when Craigslist filed suit against eBay, alleging the online auction site stole confidential info.
According to the lawsuit, eBay used confidential info learned in its negotiations to purchase interest in Craigslist. That info was reportedly being used by eBay to start its own classified site, Kijiji, which Craigslist felt violated shareholder rights.
➤ Exit, Stage Left [Craigslist]
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