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Company Statement: eBay - Effects of Intellectual Property legislation on business

( February 1, 2012, 11:58 GMT | Official Statement) -- MLex Summary: eBay has said in its annual report to the US securities exchange commission (SEC) that the legal climate, especially in Europe, is "becoming more adverse" to the company's positions with relation to counterfeit and pirated items. The auction site said content owners are bringing legal action against entities that are peripherally involved in the sale of infringing items, and this may force eBay to "take actions which could lower our revenues, increase our costs, or make our websites less convenient to our customers."The following is an extract from a SEC filing:...

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