Ebay Caves on Fee Hike!!!
Three weeks after dropping the bomb shell on its sellers that fees were increasing across board, the dot.com giant has retracted such action after a flood of complaints. Many of the small sellers on Ebay complained it would put them out of business. This would have only decreased Ebay volume, and quite possibly had a negative effect on Ebay's earnings. After careful consideration and much analysis it appears that Ebay must stand a better chance of reporting better earnings by having a higher volume of listings at a lower listing price.
For more on this story follow the links below:
Market Watch- Ebay
Internet News- Ebay
Google News- Ebay
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