[1/2] The PayPal logo is seen at an office building in Berlin, Germany, March 5, 2019. REUTERS/Fabrizio Bensch/File Photo GLOBAL BUSINESS WEEK AHEAD
BERLIN, Jan 23 (Reuters) - Germany's cartel office regulator said on Monday it had initiated proceedings against payment company PayPal Europe (PYPL.O) over the possibility that it hindered competition.
The regulator is investigating in particular rules that say merchants may not offer their goods and services at a lower price to customers who choose a cheaper payment method than PayPal.
PayPal demands that sellers do not express a preference for other payment methods or make their use more convenient for customers, according to the antitrust watchdog.