eBay AU Sellers Consider Class Action, Member Parliament Suggests Price Controls

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eBay AU Sellers Consider Class Action, Member Parliament Suggests Price Controls

08-28-2006, 08:42 AM,

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mandy Offline

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eBay AU Sellers Consider Class Action, Member Parliament Suggests Price Controls

Quote:EBAY faces a possible class action from disgruntled Australian sellers pushed out of business after the online auctioneer jacked up its merchant and other fees by as much as 500 per cent...

The loss-making eBay traders could sue for unconscionable conduct under the Trade Practices Act, said trade practices barrister Neville Rochow.

"People have invested a great deal of trust in eBay and its cost structure and may have been induced into using the site on that basis," he said...

Quote:South Australian No Pokies MP Nick Xenophon said fee rises were higher for the Australian-based eBay site than for its US or British-based sites because there was less competition here.

He said post-World War II pricing controls could be invoked on "greedBay" in South Australia, which allowed the Government to fix prices for declared goods and services...

full article: http://www.theaustralian.news.com.au/sto...02,00.html

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