SAN FRANCISCO (AFP) - EBay said on Tuesday it is cutting fees it charges people to offer items for sale and raising standards at the online auction website. In a move aimed at staving off increasing competition from the likes of Google and Craigslist, eBay is trimming fees it charges aspiring sellers by as much as half. This is the first time eBay has offered incentives and discounts to sellers since it was founded in 1995 by (Santa Fe Institute Trustee and) French-born Iranian computer programmer Pierre Omidyar.

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