eBay took Craigslist Stake Partly to Block Google

The biggest news to come out of the eBay v. Craigslist trial so far is the allegation that the only reason eBay bought a stake in Craigslist was to beat Google to the punch.

An eBay Inc executive said on Thursday the auction company bought a stake in Craigslist partly to block rival web company Google Inc from acquiring the classified ads business. "That was a consideration," said Garrett Price, who was eBay's principal deal maker in its $32 million agreement to acquire a 28.4 percent stake in Craigslist in 2004.

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