With just a few words, well, 42 pages actually, the ACCC has denied eBay's proposed PayPal Only in Australia Plan.
The ACCC considers that the notified conduct has, or is likely to have, the effect of substantially lessening competition in the market in which PayPal operates. The ACCC also considers that the notified conduct is likely to result in reduced choice for consumers, higher transactions costs and reduced innovation in online payment systems.
Therefore, the ACCC concludes that the substantial anti-competitive detriments outweigh any public benefits resulting from the notified conduct.
For the reasons identified above the ACCC considers that the notified conduct has the purpose, effect or likely effect of substantially lessening competition and the benefits do not outweigh the detriments.
Accordingly, the ACCC proposes to issue a notice to revoke notification N93365 lodged by eBay International A.G. on 11 April 2008.
Shot down in Flames!
Don't MESS with Aussies eBay.
Y'all come back
Update: The photo is from the 1990 inundation of the village of Kalapana on the Big Island of Hawaii. Ua mau i ka mâlie o Kalapana
1 comment:
IN YOUR FACE eBAY!!!
I hope this is the first of many lessons they are to learn!
Anony Mouse
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