About time OFT investigated eBay and PayPal
 

After another couple of perfectly fine transactions i have to say i am once again annoyed by the blatant scamming monopoly that is eBay and Paypal, their company that they force you to use.

Why as the person recieving the payment should you lose out another 3.4% plus 20p when eBay has already charged you to advertise. Then charged you if it sells then takes again with Paypal which you are forced into since eBay won't accept rivals.

It is about time the Office of Fair Trading looked into this and sort these rip off merchants out.

End Rant.

5t.

Totally agree.
Yes you have a choice if you use Ebay or not, but they should still allow alternative cash carriers.

They annoy the hell out of me now, and the fees just seem to rise.

No-one's forcing you to use them. If you don't like their service/prices then don't use them?

1. Listing Fee
2. Selling Fee
3. Paypal Fee

It does amount upto quite a bit.

I got fed up with selling on it a couple of years ago, just use ebay to buy now and again now.

lol I just said that :p

Point is, the service Ebay offer is good, a little insecure and unprotected but thats the decision you make.
However other companies are forced to allow competition to be involved in transactions and other parts of their businesses, but Ebay are allowed to "force" you to use Paypal or atleast have an account and offer payment via Paypal. Being their own company, surely this is not allowed, and is a monopoly.

THATS the issue :thumb:

The problem is that ebay has complete market domination so other auction sites have no traffic. The only answer is to have google do goole auctions and try to smash the ebay monopoly.

Exactly. They say you have an option but really you don't. Google Pay was set up as an alternative to Paypal and immediately banned by EBay with the excuse that they are interested in your security.

Yeah right. Don't piss down my back and tell me its raining.

5t.

I've sold a lot off stuff through ebay recently and have been gobsmacked at how much you actually lose by the time you physically have money in your back burner to spend. Ebay/Paypal is a joke!

Exactly right

Am I the only person here who has never used ebay :wonder: though after reading all the problems with it which have been posted here, I doubt I ever will use it.

I have a few things I'd like to sell, but the fees just dont make it worthwhile. They're bound to be seeing less sales as the fees go up.

I stopped using them some time ago. They have so many little hidden fees that, as someone else said, by the time you have your cash in the pocket you have lost a very large percentage of the sales price :(

They need some form of competition, even if the OFT force them to split into two different rivaling auction sites....that would see a shake up of the market.

I buy the odd thing from there – only cheap stuff, DVDs, the odd car part etc.

I do use them to sell cars sometimes, but circumvent the selling fee as it’s a rip-off.