eBay Flouts Regulatory Oversight Using Lobbyists Who Make Campaign Contributions

[mandy]

Over the last eight years, eBay has built a stable of local lobbyists in 25 states. Those lobbyists — who work on retainers that can reach $10,000 a month, according to state lobbying registration documents — have also made contributions to individual politicians who sponsor bills favorable to eBay. For example, Mr. Cowart's political action committee in Louisiana contributed $2,000 to Mr. Ellington in 2005. And eBay lobbyists in Illinois have contributed thousands of dollars to politicians who supported the ticket-scalping bill.

Regulators in other states also say that when they try to erect guidelines around eBay's activities, they quickly encounter the realities of the company's political power, raising anew the perennial questions about the proper balance among public policy, consumer protection and business interests. EBay's lobbying tactics, meanwhile, illustrate the spoils to be won when a savvy, resourceful company combines local political persuasion and grass-roots rallying to get lucrative regulatory exemptions that allow it to safeguard its profits.

full article: http://www.nytimes.com/2006/06/04/busine...4ebay.html

[xppman]

EBay's bribery lobbying tactics, meanwhile, illustrate the spoils to be won when a savvy, resourceful company combines local political persuasion and grass-roots rallying to get lucrative regulatory exemptions that allow it to safeguard its profits.

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