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Germany’s Federal Cartel Office said on Wednesday that PayPal’s ban on online merchants charging customers extra fees for using its payment service could restrict competition and violate antitrust law. The authority said its preliminary assessment focused on a PayPal policy that prevents merchants from passing on payment-processing costs specifically to customers who use the service. PayPal, one of Germany’s most widely used online payment services, said it disagreed with the regulator’s preliminary assessment but would continue to engage constructively in…
By Aneela Subhan ·
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Upgrade this serverGermany’s Federal Cartel Office said on Wednesday that PayPal’s ban on online merchants charging customers extra fees for using its payment service could restrict competition and violate antitrust law. The authority said its preliminary assessment focused on a PayPal policy that prevents merchants from passing on payment-processing costs specifically to customers who use the service. PayPal, one of Germany’s most widely used online payment services, said it disagreed with the regulator’s preliminary assessment but would continue to engage constructively in the proceedings. The cartel office…
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