SAN JOSE, Calif. — Online auction powerhouse eBay Inc. is telling users their personal data would be shared if eBay is bought out or merges with another company.
The new policy makes clear, however, that eBay or its subsidiaries “could merge with or be acquired by another business entity. Should such a combination occur, you should expect that eBay would share some or all of your information in order to continue to provide the service.”
The company said the change was being made in light of the Federal Trade Commission’s objections to Toysmart.com’s plans to sell its customer records after it went out of business. Toysmart’s records eventually were destroyed. EBay spokesman Kevin Pursglove said the notice in no way indicates the company is considering a merger or is in acquisition talks.
(Copyright 2001 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.)
Get Adweek's Brand Marketing Daily Newsletter in your Inbox
Today's highs and lows of creativity