Many retailers are abandoning eBay as the site increases its fees, a report has warned.

From February 18th, the online auction site will introduce a new fee schedule for sellers and increase some administrative charges, the e-Commerce Times reported.

As result, a number of sellers are planning to boycott the site for a week at the end of the month.

Corey Kossack, president of Club E Network, told the publication: "As eBay continues to make it harder and harder for even its top sellers to flourish, more entrepreneurs will seek out other avenues to run their businesses. "They may go to other auction sites, or they may go to other sales channels or start new businesses entirely."

In the past, threats and action from sellers has done little to change eBay's policies but some believe that feelings against the site are now stronger than ever.

Mr Kossack added: "If you ask me, eBay is losing their way and is not looking out for its most important customers, and those are the sellers. Without the sellers, there is no marketplace full of great deals for consumers."