Last Updated on
The New Zealand Herald
by Peter Griffin
“The online world let out a collective yelp of outrage last week as the huge auction website eBay imposed a fee increase on its millions of members.
From February 18 it will in many cases cost 60 per cent more to flog goods through eBay and although the outrage is unlikely to die down, the selling will continue with equal intensity.
…And the next few months may well prove for eBay’s more agile competitors that the price rise plays right into their hands.
The rival auction site Overstock.com has already cut its fees to lure disgruntled eBay customers away.”