PayPal Investigated Over Potential Market Dominance in Germany
- Federal Cartel Office looks into terms for payment service
- As first step, regulator will examine PayPal’s market power
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Germany’s antitrust regulator opened an investigation into PayPal Holdings Inc. over potential obstruction of competitors and restriction of price competition
The Federal Cartel Office is looking at PayPal’s user terms that block business from offering products at lower prices if their customers chose other payment services. The regulator will also look at how the company bans sellers from making it more convenient to use other payment methods than PayPal.