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eBay faces global boycott by sellers on May 1

Sellers on eBay have called for a global boycott of the online auction giant on May 1 over payment, pricing and feedback changes which they allege will hurt their profits. The sellers are reportedly distressed that they can no longer give buyers negative feedback, and that eBay will increase the fees that are paid as a percentage of the final sales price.

Sellers on eBay have called for a global boycott of the online auction giant on May 1 over payment, pricing and feedback changes which they allege will hurt their profits. The sellers are reportedly distressed that they can no longer give buyers negative feedback, and that eBay will increase the fees that are paid as a percentage of the final sales price.

According to eBay India, the feedback policy is global in nature and the online marketplace took the decision after much deliberation. As regards to the payment (PayPal), and pricing increases, the company has said the eBay India site will not be affected to a large extent since India has its own payment (PaisaPay) and pricing mechanism. [Source: Business Standard]

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