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International Law
: Australian Regulatory Compliance ReviewACCC proposes revocation of eBay section 47 exclusive dealing immunity
The Australian Competition and Consumer Commission has issued a draft notice proposing to revoke an exclusive dealing notification lodged by eBay International A.G. under section 47 Trade Practices Act. Under the notification, eBay proposes to mandate the use of PayPal for almost all transactions on the eBay site.
"The ACCC is concerned that the notified conduct will allow eBay to use its market power in the supply of online marketplaces to substantially lessen competition in the market in which PayPal operates," ACCC Chairman, Mr Graeme Samuel said.
eBay and interested parties now have time to lodge submissions in response to the draft notice, before the ACCC decides whether to issue a final notice revoking the notification.
Full post as published by Australian Regulatory Compliance Review on June 15, 2008 (boomark / email).
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