US prosecutors are investigating whether eBay employees, including the company's founder, inappropriately used confidential Craigslist business data to help build a rival business.
Federal prosecutors in the United States have launched a criminal probe to discover whether eBay employees, including founder and Chairman Pierre Omidyar, used confidential information from classified ads giant Craigslist in an attempt to build its competing business, reports Reuters. The probe comes after years of legal battles in civil courts between the two companies over allegations that eBay purchased a stake in Craigslist for the sole purpose of poaching its private business data.
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