06-22-2006, 01:48 PM
Quote:Speaking at a congressional hearing that was broadcast on the Internet, Meg Whitman, chief executive of eBay, the online marketplace in San Jose, described existing privacy laws as a crazy quilt of state and federal regulation that should be replaced by unified rules to reduce business costs.
But Whitman balked at allowing customers to sue companies that misuse data, at least for unlimited damages, because of a potential "onslaught of class-action lawsuits" that could force businesses to their knees. She preferred that the Federal Trade Commission be the only government office to enforce the privacy laws and levy fines...
Whitman's opposition to customer lawsuits with unlimited damages was one of the rare differences with the members during the hearing. She said she would get back to the committee on whether limited awards were acceptable.
"What I'm trying to do is simplify our lives and our users' lives," Whitman said...
full article: http://www.sfgate.com/cgi-bin/article.cg...JHDU11.DTL&feed=rss.business
related topic:
Google, eBay, large techs push for Federal Privacy Law
http://community.tuliptools.com/index.ph...158.0.html