Tuesday, March 19, 2013

EBAY,AMZN: eBay (EBAY +1.4%) is eliminating listing fees...

1:01 PM eBay (EBAY +1.4%) is eliminating listing fees for most items and overhauling its commission fees, as it tries to sustain Marketplaces' resurgence and slow down Amazon's (AMZN -1.2%) rapid 3rd-party sales growth. Lower-margin items such as electronics will sport lower fee rates than higher-margin items such as clothing. eBay claims the moves, its first fee changes since 2010, will provide more transparency for merchants, who have complained of overly complicated pricing. Yesterday, Reuters reported of discontent among Amazon merchants over rising fees. Read comments

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