Feeds

eBay, PayPal face court action

Class action alleges unfair monopoly

3 Big data security analytics techniques

eBay warned shareholders yesterday that it is facing a possible class action suit in the state of California and is likely to be hit by more patent cases.

The suit alleges that eBay and PayPal acted "to improperly 'monopolise' the forms of payment that sellers can use on eBay".

The plaintiff claims treble damages and an injunction to stop eBay behaving in a similar way again. The news emerged from eBay's filing of its annual statement with the Securities and Exchange Commission. The case was originally to be heard in Texas.

The statement adds that eBay's ticket subsidiary StubHub is also facing a purported class action case for allegedly printing receipts which contained more than the last five digits of credit card numbers. eBay said: "We believe that we have meritorious defenses and intend to defend ourselves vigorously."

eBay also warned that it expects to face a growing number of patent cases. The quarterly report says: "We will increasingly be subject to patent infringement claims as our services expand in scope and complexity. In particular, we expect that we may face additional patent infringement claims involving various aspects of our Marketplaces, Payments, and Communications businesses."

The online auctioneer warns it could also face legal action for breaching copyright and trademarks, especially in Europe. ®

High performance access to file storage

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
Ex–Apple CEO John Sculley: Ousting Steve Jobs 'was a mistake'
Twenty-nine years later, post-Pepsi exec has flat-forehead moment
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.