Trading Post to take on eBay

Tue. June 10, 2008; Posted: 06:18 AM

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Jun 10, 2008 (Inside Retailing - ABIX via COMTEX) -- PYPL | Quote | Chart | News | PowerRating -- A rival to eBay is to be launched by Sensis. Management hopes the new online auctioneer, which will operate under the Trading Post brand, will be able to capitalise on disapproval among eBay's clients of its decision to make payment via its PayPal subsidiary mandatory. The Australian Competition & Consumer Commission is inquiring into the legality of PayPal being the obligatory means of payment. Trading Post will only charge vendors for items that actually sell.

Publication Date: 2 June 2008

TELSTRA CORPORATION LIMITED - ASX TLS SENSIS PTY LTD TRADING POST GROUP LIMITED EBAY AUSTRALIA AND NEW ZEALAND PTY LTD

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