| Alan De Smet ( @ 2008-09-22 18:06:00 |
| Entry tags: | ebay, evil, monopoly |
eBay still needs to be regulated
Since I wrote my original call for the regulation of eBay, I've occasionally looked back on it and wondered if I was too harsh. eBay has now helpfully assured me that they'll keep abusing their monopoly position given the opportunity. (Backup link.) As of next month, sellers can't accept payments by check or money order. It's cash-on-pickup or online only. Want, say, Google Checkout? "Google's and Amazon's products and services compete with eBay on a number of levels, so we are not going to allow them on eBay." That's a surprisingly honest statement that they're using their monopoly in running auction to leverage and advantage in the unrelated area of payment handling. eBay are scum. At this point my primary hope is that they screw up badly enough that they implode, creating a vacuum for real competition. Unfortunately their monopoly power is so great that the screw up would need to be mind-bogglingly large.
(Via Slashdot.)