Dean Procter

eBay Earnings: Bullish Comments Not Supported by Data

Ebay is attempting to get exemption from anti-monopoly and consumer protection laws in Australia in an attempt to force sellers and buyers to exclusively use paypal for transactions. It remains to be seen how the financial industry, regulators and consumer groups feel about that. It could influence their path. They obviously intend to do this everywhere. Is it a desperate and doomed move?