EBay Sellers Not Pleased With Fee Increase
From Associated Press
Some small-business owners who reach most of their customers via EBay Inc. expressed anger at the online auction giant’s plan to boost the monthly fee it charges sellers by 60%.
EBay outlined the increase in an e-mail Wednesday to all buyers and sellers.
“It seems as though the larger EBay becomes, the more greedy they become,” said Lynette McDonald of Alton, Ill., who has sold Barbie and baby clothes on EBay since 2001.
Starting Feb. 18, the monthly subscription fee for people who operate “Basic EBay Stores” will increase from $9.95 to $15.95. The fee for a standard listing of 10 days will double to 40 cents.
Shares of EBay fell $4.04 to $103.21 on Nasdaq.
