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eBay Accused of Price Gouging Scheme
Symbiot writes "eBay is being sued in a Calilfornia court for a practice that the plaintiff, Glenn Block of Pennsylvania, claims artificially raises the amount of a bid. The practice combines the warning emails that eBay sends out when you are the highest bidder and your bid is at your maximum, with the bid increment mechanism. It seems that if your original maximum bid settnig prevents your current bid from falling on an increment then your current bid will be raised to the next increment as soon as you raise your maximum. If the plaintiff wins this class action suit could cost eBay tens or hundreds of millions of dollars."
Pisty Fisty!
should include a fee for mispelt words!
DOH! I noticed this... and millions of dollars would be handy right now.
I need a flow chart for that explanation...
Is it just me, or do others here feel that Ebay is a better place to sell than to buy? We have sold plenty on Ebay and always feel like we are getting top dollar. But when it comes to buying, most items look to be top price and it is very hard to find a bargin.
Obviously, some of this is simple supply and demand, but would this incremental inflation, especially in the controlled, percentage-of-the-price method Ebay uses, be making this difference?
Then does Ebay change their ways, make apology, and end up making their site better? (Being coersed into it by a lawsuite.)
There is no need to use a SlashDot sig for SEO...
ACT NOW BEFORE THEY'RE GONE! You can be as cool as everyone else by getting a Gmail account while it's still a beta and still has all the good names left!
Oh. You mean like in Superman 3?
It's just like how PayPal lies about its fees anywhere from .01% additional. I've been victim of this on my own accord. There's no use suing these companies because they own more than we know.
Tuna salad.
Irritable, left-wing and possibly humorous bumper stickers and t-shirts