Calblog

Pay pal is so weak.

Well these are private companies.

If you don't like their rules then take your business elsewhere.

I generally agree with that. I do think that the large companies exerting influence over the content of other sites will be a problem. However, I do not think the solution is to regulate them or treat them as anything other than private companies.

But, Justene, why will there be a problem?

Just do business with someone else. Or even better, create your own business and compete with them.

Then, you can set your own rules and regulations.

Paypal is a pseudo-monopoly because it doesnt make sense to use many different services that do what Paypal does. The same holds true of Microsoft to a greater degree.

So the regular model of competition really doesn't solve the problem with paypal. Obviously regulation doesn't either. What DOES help is to encourage boycotts and bad press for paypal by getting the word out.

At this point it might be premature to do that since daily pundit doesn't have any specific info yet. For all we know some loose cannon is doing this, or maybe there is some automation problem that flags these sites.

Ebay usually has to be dragged kicking and screaming to turn away business, so it would be very shocking if all of a sudden they started meddling in this way. That is why I am somewhat suspicious of all this and would prefer that we get more details.