Mr Sarkozy had said "Casse-toi, pauv'con" earlier in 2008 in response to a farmer who had refused to shake his hand at an agricultural show.
BBC: Nicolas Sarkozy - file pic
Mr Eon, a Socialist activist, had waved a small placard reading "Casse-toi, pauv'con" - which the European court translated as "get lost, you sad prick".
Diller was interviewed on Monday at the Milken Institute Global Conference by Daniel Casse, president of G100, a private forum of more than 100 CEOs.
FORBES: Barry Diller Uncensored: Media Billionaire On Newsweek Mistake, Aereo's Enemies, John Malone And More
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