If this is your first visit, be sure to
check out the FAQ by clicking the
link above. You may have to register
before you can post: click the register link above to proceed. To start viewing messages,
select the forum that you want to visit from the selection below.
Announcement
Collapse
No announcement yet.
Paypal sues Google as they try to develop a system for retailers to accept payments.
Google is just as big as Paypal/Ebay. Even if this is true, good luck in making it stick. Not that Google is any better than Paypal/Ebay. Google sells all of our searches to the Gov/Big Business and Paypal/Ebay tries to find more ways to rape you on fees. Maybe they will do each other in.
Bob
Without going off of much more than what was stated in the article; it doesn't appear that Paypal has much of a case. They mentioned "fiduciary responsibility" which doesn't mean squat. If Paypal stated that the ex-exec had signed confidentiality papers or non-compete agreements,then I'd say they probably have a case but didn't see either mentioned in their complaint.
"The farther we go, the more the ultimate explanation recedes from us, and all we have left is faith."
~Vaclav Hlavaty
Competition is always good for the consumer. I want to see what happens if they develop it and ebay tries to block it as a pay option. Google has some credibility, and while Paypal is popular, I think Google is used by far more people. They would get the public vote IMO.
A court case like this between 2 internet giants would be interesting to say the least. Paypal already has a bunch of strikes against it, in the public's eyes, and if they tried to stop this and lost it would be more negative press against them. With the decline in ebay's overall revenue lately, I'm not sure the ebay/paypal entity could handle a major financial hit to the source that's keeping them afloat. They may have to start supporting the seller as well as the buyer in order to keep sales up.
From that short article it appears the primary allegation is a trade secret violation. Those types of claims are typically controlled by state statute. (Commonly the specific states version of the Uniform Trade Secrets Act.) As to any contractual claim, it looks like they are claiming Stephanie Tilenius violated some type of non-compete agreement by soliciting/recruiting Bedier to come to Google.
From that short article it appears the primary allegation is a trade secret violation. Those types of claims are typically controlled by state statute. (Commonly the specific states version of the Uniform Trade Secrets Act.) As to any contractual claim, it looks like they are claiming Stephanie Tilenius violated some type of non-compete agreement by soliciting/recruiting Bedier to come to Google.
Those non-compete cases are very hard to win, especially in California which is an at-will state for employment. I don't think paypal has a chance and its mostly FUD.
Comment