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EBay Abandons Plans For PayPal Monopoly

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Old 07-04-2008
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EBay Abandons Plans For PayPal Monopoly
An anonymous reader writes "eBay's has lost its fight to ban all payment methods except PayPal. When Paypal originally announced the scheme it was to be global, but they began with a dry run in Australia to test the reaction of government and consumer authorities. In the public slanging match that followed between eBay and the regulatory ACCC, eBay spammed users claiming it was fighting for 'safety benefits for consumers.' Fortunately the consumers won. Conceded eBay vice president Simon Smith, 'While we disagree with the ACCC's draft notice, we have decided to withdraw the notification to stop any further confusion and disruption among the eBay community.' Nevertheless eBay insists PayPal is now always offered as a payment option. Have big corporations finally learned that they can go to far? More chillingly, if eBay had launched the scheme in America would they have got away with it?"http://slashdot.org/slashdot-it.pl?f.../07/04/0137255
Read more of this story at Slashdot.
http://rss.slashdot.org/~a/Slashdot/slashdot?i=K881vP


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