EBay Australia's PayPal only policy blocked
Licensed archive · Attributed source reporting
411 Brief
eBay's PayPal and cash on delivery policy was blocked on Friday by the Australian Competition and Consumer Commission (ACCC) after it released a draft ruling citing that it was an "anti-competitive effect" and calling on eBay to postpone its policy which is due to take effect next week. ACCC's final ruling is still pending however it is unusual for the ACCC to reverse draft rulings once issued. In a statement eBay said that it was "disappointed" by the ruling and that "eBay believes the consumer benefits of this initiative are worth fighting
eBay's PayPal and cash on delivery policy was blocked on Friday by the Australian Competition and Consumer Commission (ACCC) after it released a draft ruling citing that it was an "anti-competitive effect" and calling on eBay to postpone its policy which is due to take effect next week.
ACCC's final ruling is still pending however it is unusual for the ACCC to reverse draft rulings once issued.
In a statement eBay said that it was "disappointed" by the ruling and that "eBay believes the consumer benefits of this initiative are worth fighting for on behalf of its buyers which will ultimately benefit sellers."
Sources & reporting note
Licensed archive reporting by Wikinews contributors. Text: CC BY 2.5 (https://creativecommons.org/licenses/by/2.5/). Original source date retained. 411 has not independently verified this archive report.
Read the source: Wikinews ↗Source published 13 Jun 2008, 05:30 am IST
