eBay Urges Rethink on EU’s Internet Sales Plan

ebay urged European regulators to drop a requirement for Internet retailers to have bricks-and-mortar shops, warning it would hurt small firms, keep prices high and stifle e-commerce. According to a draft regulation drawn up by the European Commission and seen by Reuters, suppliers may be allowed to require that distributors have a brick-and-mortar shop before they can sell online. The proposed rules would replace existing guidelines exempting companies from strict EU competition rules under certain circumstances. Those rules expire at the end of May