eBay chief says Web privacy clashes coming
NEW YORK (AFP) - 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 said on Wednesday.
"There's going to be, at some point in the next few years, a trigger point," Mr Donahoe told a New York breakfast meeting organized 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.