German Regulator Warns PayPal Payment Rules May Restrict Competition
The court Germany’s Federal Cartel Office has raised concerns that PayPal’s restrictions on online merchants could limit competition in the country’s digital payments market. The authority said on Wednesday that PayPal’s prohibition against merchants charging customers additional fees for using its payment service may hinder competition and potentially breach German law. The investigation, which began in 2023, focuses on the company’s contractual rules and their effect on merchants and competing payment providers. PayPal is one of the most widely used online payment methods in Germany. The regulator said the company charges merchants fees above the average for alternative payment methods while maintaining a very high market share. Restrictions May Reduce Competitive Pressure At the center of the regulator’s concerns is PayPal’s requirement […]