eBay has said it will cutting fees it charges people to offer items for sale and raising standards at the online auction website.

In a move aimed at holding off increasing competition from companies like Google and Craigslist, eBay is trimming fees it charges sellers by as much as half.

“Consumers have more choices than ever, and they expect more when they shop online today,” said John Donahoe, who takes over for Meg Whitman as eBay chief executive at the end of March.

“We’re serious about making eBay easier and safer to shop.”

Posted: 01|29|08 at 10:20 pm. Filed under: Auction News.