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Monday, March 1, 2010

Some thoughts on eBay/Paypal -

eBay/PayPal is monopolistic and has very excessive fess which are detrimental to e-commerce overall for both sellers and buyers. Combined fees for both eBay and PayPal cuts into a seller's profit by around 30-40%. Sellers have to pass this on to buyers. If more eBay buyers realized this and shopped at eCrater, they would save considerable money.

You can read some more specifics about the eBay/PayPal regressive Monopoly here:

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