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Business News

May 11, 2008

EBay's PayPal rule in Australia draws fire

“It's the difference between making money and not making money”

EBay Inc. is exploring whether to require customers to use its online payment service PayPal, a move that has angered users and prompted antitrust scrutiny in Australia, where a PayPal-only rule takes effect next month.

It's unclear whether eBay will institute a similar policy in the United States and other countries. However, the online auction company often tries big changes in smaller markets before expanding them worldwide, and says it is open to that in this case.

'We are going to take learnings from it and apply them accordingly,' said eBay spokesman Usher Lieberman. Read more

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