German Antitrust Authority Says PayPal Practices May Restrict Competition

n-tv

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Millions of German Paypal users use online shopping. For retailers, the payment provider is usually a bad option, because it is comparatively expensive. Therefore, it is forbidden to charge customers a higher fee. This could change now.

Kronen Zeitung

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Because its pricing policy in the internet trade could unduly restrict competition, the German Federal Cartel Office takes advantage of the payment service provider PayPal. The US company prohibits traders who offer its payment method in their web shops to charge consumers a separate fee for this, the Antitrust Office announced on Wednesday.

Tagesschau

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If you buy something with PayPal, you don't have to pay any fees. On the other hand, online retailers may bear excessive costs. From the point of view of the Federal Cartel Office, the cheaper payment provider could be disadvantageous.

Handelsblatt

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The Federal Cartel Office admonishes Paypal. The company prohibits traders from asking for a surcharge for the payment method. The authority may see this as a restriction of competition.

wz.de

aachener-zeitung.de

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onetz.de

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Heise

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op-online.de

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noz.de

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RN

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+7 Reposted by 7 other sources

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Many people in Germany pay with Paypal. The Federal Cartel Office has taken a closer look at the terms of use of the provider. An overview of what is criticized.

volksfreund.de

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Many people in Germany pay with Paypal. The Federal Cartel Office has taken a closer look at the terms of use of the provider. An overview of what is criticized.