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German antitrust authority says PayPal practices may restrict competition

Reuters
German antitrust authority says PayPal practices may restrict competition

FRANKFURT, Nov ‌11 (Reuters) - Germany's antitrust authority, ​the ‌Federal Cartel Office, said ‌on Wednesday that PayPal's prohibition ‌against online merchants charging customers extra fees to use ⁠the payment ‌method may restrict ⁠competition and violate ​the law.

• PayPal didn't immediately respond ​to a ​request ‌for comment.

• "According to ​the Bundeskartellamt’s ⁠preliminary assessment, this ‌prohibition could ​restrict ​competition between various payment services and violate competition law," ‌the cartel office said, referring ‌to itself ​by its German name.

(Reporting by Tom Sims, editing ‌by Thomas Seythal)