I think the Phantom has a point.
The ramifications of eBay suspending the largest (I think) seller of movie posters on eBay have yet to be seen. They are huge.
Shelly
----Original Message Follows---- From: [EMAIL PROTECTED] Reply-To: [EMAIL PROTECTED] To: [email protected] Subject: Re: [MOPO] Bruce's Explanation of The Situation with eBay Date: Thu, 7 Apr 2005 04:26:01 EDT
I find it interesting that there have been quite a number of posts on mopo about Bruce and the suspension. However, not a single word has been written on mopo about the fact that all of the auctions were made "private" and therefore it was no longer possible for the public to see who was bidding.
I always place myself in the other party's shoes in order to get a better understanding of the situation. Let's place ourselves in the shoes of ebay. Ebay has endured much criticism about fraud on ebay, of which shill bidding is one type of fraud. Let's face reality. Ebay most likely felt that the public no longer could see who was bidding and therefore they investigated all bidding under the private auction format to protect itself. Even the slightest hint of possible shill bidding under a private auction format could not be allowed by ebay. Ebay is very sensitive to criticism (especially now that the stock has been dropping) and a huge private auction each week leaves them vulnerable.
Bruce said the bidding by his employee has been going on a long time so why look into it now? Why, because of the "private" auction format for 1000 items every week on ebay.
I could be wrong but I think the private auctions triggered their investigation and had Bruce not gone to the private format he would still be on ebay today.
Claude Litton
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