There are several online auction sites, most of them seem pretty pathetic. And Ebay, the guys with all the money, tend to buy up the ones that are worthwhile thus eliminating the competition.
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Cotty wrote:
On 16/5/04, ANTONIONIO, discombobulated, offered:
Now that eBay is fast becoming a monopoly for online auctions, I would like to see our governments impose some better regulation of how it works - to protect both sellers and buyers far better than at present. In the UK if they would just implement the Trade Descriptions Act that would be a start. As things stand at present eBay just treats disputes and their resolution as another income stream - given their massive proffits I would like to see them obliged to provide this sort of protection as part of the service.
I firmly predict that in under 5 years, it will be impossible to use eBay for selling without being forced to use Paypal. When that happens, I stop. I also predict that an alter-ego to eBay will rise up from no- where, and become what eBay used to be before Paypal wedged it's nose of greed into the crack of buying and selling used goods online.
Cheers, Cotty
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