eBay Australia have issued a challenging the ACCC draft notice and vowing to fight on.
They have delayed implementation of the PayPal only policy until 15th July, it was scheduled to go live on the 17th June. The increase in Buyer Protection raising the cover to AU$20,000 will still come into effect on the 17th June for Australian buyers who pay via PayPal.
Whether eBay will succeed is anyone’s guess, but it’s looking increasingly unlikely. The ACCC note that over 600 eBay users, half of them buyers, sent in submissions opposing PayPal only and they themselves have “serious competition concerns” if they allowed an exception.
eBay say they hope to “work with the ACCC and hopes to achieve a final outcome which has the safety and security of eBay’s members as its paramount objective” and that they believe “the consumer benefits of this initiative are worth fighting for”.