EBay’s policy to be considered on a meeting

Next month an investigation meeting to review anti-competitive behavior of eBay and PayPal will be held in Australia. The Reserve Bank is summoning top executives from the online auction house to conduct a discussion. The necessity to give a close look at eBay’s policy was suggested by the numerous complaints coming from eBay and PayPal customers.
The committee of the meeting will examine surcharges applied for using PayPal and eBay's conduct in allegedly misleading customers into thinking that PayPal was the only payment method on its website. PayPal managing director Andrew Pipolo and eBay vice-president Simon Smith are expected to meet RBA officials then. In addition, the discussion will cover eBay's new ruling to mandate the inclusion of PayPal as a payment mechanism on its website.

Earlier this year RBA encouraged those payment processors who enter no-surcharge or no-steering rules to remove the latter and stated that the removal of these rules at PayPal would be discussed with the company officials.

At the moment the last information prompts that the bank is collecting relevant data from other sources for the detailed examination of the issue on the meeting.