Friday, 24 March, 2023
PayPal Investigated Over Potential Market Dominance in Germany
<p>Germany's Federal Cartel Office (FCO) has announced it's looking into its rules on surcharges as it is concerned that restrictions PayPal imposes on merchants could be harming competitors. According to PayPal's price list, it's standard fee in Germany is currently 2.49 – 2.99% of the payment amount plus 34-39 per payment. The regulator will determine whether the company has a dominant position for payments before checking whether or not there has been any breach of law. </p>
Read full story at Latestly
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