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Aussie Reserve Bank Eyeing eBay's PayPal Policy

Posted by timothy on from the jealous-eye dept.

Bulldust writes "Regular readers will recollect the recent story that eBay is forcing Australian users over to PayPal or COD as the only forms of payment in June 2008: eBay Australia Makes PayPal Mandatory. It now appears that the Australian Reserve Bank will consider throwing its weight behind users, should the eBay policy be deemed to breach trade practice and competition laws."

1 of 63 comments (clear)

  1. Re:why all the greed by blahplusplus · · Score: 3, Informative

    "What's wrong with being content with a reasonable profit?"

    The culture and economic system demand the greed, remember Ebay is public company owned by shareholders, whose sole purpose is growth of profits.

    As for people. People want power, when people say they want to be "rich", it's not that they want to just be rich (10 million or so) they want as much wealth as possible. Being 'rich' is relative to the richest, what they mean is "I want to be among the richest".