You see, Google has now been caught with it’s pants down for trying to pull a crybaby move in the Australian Paypal fight.
Australia’s ongoing PayPal saga has taken another turn today with the news that an anonymous submission sent to the Australian Competition and Consumer Commission (ACCC) opposing eBay’s exclusive deal with the payment provider was authored by Google.
I noticed a hint of anti-Capitalism in the complaint filed.
The submission itself asserts that an exclusive arrangement between eBay and PayPal will increase transaction costs for users
First of all, this is how business works. eBay and Paypal have every right to do whatever they want with regards to pricing. If we don’t like it, we can do something else. Life isn’t fair, and if you think it should be you need to go sit in a corner and suck your thumb.
I also find it ironic that Google is making this complaint when Google is constantly doing everything in its power to corner markets, create monopolies, and force its clients to pay more. Anyone need to be reminded of how Adwords works now?
My Monday morning rant…
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[...] corporation, are willing to obstruct free markets to get what they want. Eric Odom reports on their attempts to obstruct an eBay/Paypal deal in Australia. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, [...]
[...] I’m sure the issue will return at some point. But meanwhile Google is still proving that they, like any corporation, are willing to obstruct free markets to get what they want. Eric Odom reports on their attempts to obstruct an eBay/Paypal deal in Australia. [...]