Sort of makes you wonder why the FTC never got involved in this Paypal monopoly?
It's like buying a new Silverado and they force you to go through GMAC.......................... even though you have cash.
Remember when the feds wanted to break-up Microsoft in the 90's? Remember how all that quietly went away, and never came back when people might have thought it would, and Microsoft is now even worse?
Look at their political contributions. The words "Regulatory Capture" come to mind. I'm sure it's the same with PayPal.
eBay has some real nerve. They wanted to claim they were "only a venue", and not responsible for the sales that go on on their service. Yet they want to tell people how they can pay for their purchases.
Incidentally, is that thing with GM requiring financing hypothetical? I wouldn't be the least bit shocked it if were true.