Taiwanese auctioneers fight Yahoo fees

Published August 4th, 2006


Auction Blogs
A group of auctioneers gathered Saturday in Taipei at the gateway to Chiang Kai-shek Memorial Hall, a major landmark at the center of the city, to protest Yahoo Taiwan’s proposal to start charging transaction fees as high as 3 percent on each item sold on its auction site.
“We already have to pay a 5 percent sales tax, and with this 3 percent transaction fee, that will total an 8 percent surcharge per item. That’s a heavy burden,” said one protester.

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