And because of its smart cost and revenue structure it charges a modest commission on each transaction and does not store goods itself eBay has been one of the most consistently profitable e-commerce businesses.
In other words, Conservatives, as the Audit Commission said, cost you less and give you better services, and that is the key message.
In the absence of possible remedies, the OFT doesn't yet want to put the Competition Commission and the accounting firms to all the cost and bother of a lengthy and expensive probe.
Certainly in the U.S. several major firms have faced sanctions for repeatedly selling over-priced, under-performing, richly commissioned in-house funds where customers would have been far better off going to Vanguard and buying a low-cost, no commission index fund.
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Now, however, the government has set up a commission to calculate the cost of the Soviet occupation, in both human and financial terms.
That was followed by the explosive growth of available mutual funds by which investors could swap an entire portfolio with just one phone call, and later just a click of a computer mouse, with no transaction cost if handled directly with the mutual fund, and only one small commission if handled through a discount broker.
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It originally aimed to allow the Federal Energy Regulatory Commission to allocate the cost of transmission lines across a wide spectrum of ratepayers and gave FERC more power to push projects through.
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If the commission mandates 911 on the VoIP industry, it could increase the cost of service and pose significant technical hurdles, they say.
While larger local authorities with bigger budgets may find it easy to adapt to the changes, the committee is concerned that the 9, 800 smaller bodies, including parish councils and internal drainage boards, which have been entitled to low-cost services from the Audit Commission, will struggle to cope.
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Nothing better symbolises the difficulties of achieving a single market than a recent argument between the European Commission and Parliament on the one hand and Europe's banking industry on the other over the cost of sending a small credit across a national border.
Establishing a Medicare commission which would develop and submit proposals aimed at extending the solvency of Medicare, slowing Medicare cost growth, and improving the quality of care delivered to Medicare beneficiaries.
Apart from the overall cost and affordability of its proposals, critics have focused on the fact that the beneficiaries of the commission's generosity will be the better off.
At a meeting last week, the commission told member states it lacked reliable data on who would bear the cost of the tax, and suggested circulating a questionnaire to all 27 member states seeking more information on their internal trading activities.
Establishing a Medicare commission which would develop and submit proposals to Congress aimed at extending the solvency of Medicare, slowing Medicare cost growth, and improving the quality of care delivered to Medicare beneficiaries.
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