Judge Allows Payment Monopoly Lawsuit Against eBay/PayPal To Proceed

By Chris Morran on June 1, 2012 12:47 PM

When you go to the eBay Seller Information Center section about how to accept payments, there is no mention of any other payment service than PayPal, which as you likely know, is owned by eBay. This oh-so-close relationship is at the core of a lawsuit against the online auction site.

Plaintiffs in the lawsuit accuse eBay attempting to monopolize the online payment systems used on its site, and that it has "limited and banned competitors in an attempt to maintain its dominance in the online auction market."

Earlier this week, a federal judge in the Northern California-based U.S. District Court, denied eBay's request to have the lawsuit dismissed.

read more: