eBay Wants To Throw Poker Players In Jail Too
from the how-convenient dept
As the federal government races against the states to enact laws against online gambling, one company in particular is hoping that they'll both hurry it up. Auction giant eBay has become a vocal proponent of Rep. Bob Goodlatte's proposed ban on the practice; and it's not just a matter of eBay wanting to curry favor with a government official. The company's PayPal division has essentially kowtowed to the government's requests, and doesn't allow its users to use it for gambling. That's created a niche for some PayPal competitors that operate in Europe and are untouched by US law. So for eBay, Goodlatte's initiative is a nice way to prevent Americans from switching over to a competitor. What's funny is that in Europe, PayPal does facilitate gambling. At one point, PayPal's founders envisioned the service as way for citizens to engage in commerce freely, without oversight or regulations -- apparently they've made an exception for regulations that harm their competitors.