It’s not often that “the little guy” has a win against a global giant. Everynow and then however, it does happen, and it’s great to write about it when it does.
Australian Ebay sellers were rejoicing over the weekend as the giant online auction site Ebay decided to back down against plans it had to force them to use PayPal.
The decision from Ebay came as the Australian Competition and Consumer Commission (ACCC) was about to make “a decision” for them anyway (suspected to go in favour of the sellers.
PayPal is owned by Ebay, and Ebay thought it would be a good idea if it forced all of it’s sellers to use it’s service exclusively on Ebay. This would prevent sellers from acceptin credit cards or direct bank transfers, which means Ebay lose out on a transaction fee.