Trade Resources Company News Internet Companies to Find a Way to Protect User Privacy to Avert a Clash

Internet Companies to Find a Way to Protect User Privacy to Avert a Clash

Internet companies will soon have to find a way to protect user privacy to avert a "clash" which could lead to increased government regulation, eBay chief executive John Donahoe says.

"There's going to be, at some point in the next few years, a trigger point," he told a New York breakfast meeting organised by The Wall Street Journal, noting the need for "a national dialogue about what is acceptable or not".

Mr Donahoe said it would be best for the industry to take "proactive" steps to avoid a backlash.

"It's going to be necessary for us to have some national dialogue on privacy, so we don't have a clash point and they over-regulate and slow down innovation," he said.

He said eBay's business model does not revolve around monetising data but that this has become a greater concern for web companies.

"We won't share your information with anyone else, but I think there are huge opportunities to use data, to customise the experience, to personalise the experience, and if you choose to share with others, it can make the experience even better," he said.

Mr Donahoe said users of eBay should know that "there's no absolute guarantee of privacy" for illegal activity and that "we can't stop a court order".

"We comply with the laws of the lands we operate in and we don't operate in lands where we wouldn't feel good about the laws," he said.

Source: http://www.theaustralian.com.au/australian-it/protect-user-privacy-to-avoid-regulation-says-ebay-boss/story-e6frgakx-1226565791166
Contribute Copyright Policy
Protect User Privacy to Avoid Regulation, Says eBay Boss