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ACCC Drafts Response To eBay's PayPal Only Scheme: No Way!
Posted by Nick Broughall at 11:47 AM on June 13, 2008
eBay's plans to bleed sellers dry make their service "more secure" by only allowing Paypal for online payments on Australian auctions has hit a small hurdle - the ACCC.
After asking for submissions in response to eBay's proposed move, and receiving them from the Reserve Bank, Google, and countless other institutions and ebay users, the ACCC yesterday released a draft response to ebay's request for exemption to anti-competitive laws. The response sounds like a polite version of the phrase, "F^&k off".
From ACCC Chairman Graeme Samuel:
[Australian IT]
After asking for submissions in response to eBay's proposed move, and receiving them from the Reserve Bank, Google, and countless other institutions and ebay users, the ACCC yesterday released a draft response to ebay's request for exemption to anti-competitive laws. The response sounds like a polite version of the phrase, "F^&k off".
From ACCC Chairman Graeme Samuel:
"Given eBay's position as Australia's leading online marketplace, the notified conduct will substantially reduce competition to supply online payment services to users of online marketplaces more generally".According to Australian IT, ebay are waiting to go through the ACCC's draft response before they comment, but hopefully it will be a meek walking away with tails tucked well and truly between their legs.
[Australian IT]
Comments
Justin
Posted June 13, 2008 4:28 PM
I wonder what Graeme Samuel's eBay name is...
I guess he wasn't a fan of having to give PayPal some of his hard earned sweet coin for a sale.
John Bosca
Posted June 13, 2008 4:48 PM
First I read Gitmo prisoners can now challenge their unlawful detention, and now this! whats the world coming to? :)
John Wellington
Posted June 21, 2008 12:48 PM
even if they do drop the paypal only requirements - theyr reputation is destroyed. there are other online auction sites to try out - im watching smartbid.com.au which opens very shortly - looks like a great opportunity for both buyers and sellers.