[ebay.com] Cook Stem

[David Gibson]

relisted

He's relisted the item at a much higher price.

 

[sancho]

I wonder how long ebay will let this sort of thing go on.

 

[scant]

I wonder how long ebay will let this sort of thing go on.

its happening so often its hard to keep up. just report it as soon as you see it.

 

[teadrinker]

relisted with a $700 BIN :shock:

http://cgi.ebay.com/ws/eBayISAPI.dll?Vi ... 500wt_1154

 

[GoldenEraMTB]

And in the last three seconds the top bidder will remove his bid and leave the item to the next bidder for one tenth of the price. This is a scam that is getting out of control-the high feedback bidder has something like 19 retractions in 6 months , all on high value items like this no doubt. Arseholes-they are ruining eBay for sellers as they never get full whack moneywise and they ruin it for buyers as we stop bothering to bid.

well said; I'm sick of this bullshit. This is why most of my auctions, both buying and selling, are of the BIN or Best Offer variety. NR just isn't anymore.

There is a prominent member from the VRC, who I've had my bids cancelled several times over the past year due to auctions ending early, that are perhaps underperforming. His right, but I'm done bidding on anything he sells, no matter how desirable.

Then there are the people I suspect of having multiple accounts and shill bidding. My banned bidder's list, (aka. my shit list), is a mile long. They can't bid on my stuff, and I won't bid on theirs.

needless to say, this thing just isn't as much fun, anymore.

 

[bushpig]

I think hiding the bidder names was a terrible idea. I complained to ebay about it and then strangely I got a security audit the following week. WTF gestapo Ebay dudes.

 

[GoldenEraMTB]

I think hiding the bidder names was a terrible idea. I complained to ebay about it and then strangely I got a security audit the following week. WTF gestapo Ebay dudes.

same here; it's obvious ebay doesn't care much about integrity or fairness, so long as their profits increase. Shill bidders are good for final price of auction, and therefore good for ebay's final cut.

There should be a viable auction alternative to ebay. Between ebay/paypal (one and the same), they get 10% of the sale, for doing less and less.

 

[Tad]

There should be a viable auction alternative to ebay. Between ebay/paypal (one and the same), they get 10% of the sale, for doing less and less.

Ebay had to start somewhere, nothing stopping an enterprising individual starting a rival site (well there is for me, a lack of knowledge). Though bear in mind if it wasn't for ebay there may not be the revenue available to make this place free for us.

Having been involved in buying and selling through some of the big auction houses in London, Ebay doesn't do such a bad job. With an auctioneer you still have to watch bids coming off the walls etc.

 

[sq_root_of_2]

Does anyone know if it is against federal law to shill bid on ebay?

I know in 'real' auctions people have been prosecuted for doing it. I think in the US the Federal Trade Commission has jurisdiction over this kind of practice.

See: http://www.ftc.gov/bcp/edu/pubs/consume ... tec07.shtm

I wonder if or why no one has brought a class action lawsuit against them. Might be fun to see the outcome.

 

[sancho]

same here; it's obvious ebay doesn't care much about integrity or fairness, so long as their profits increase. Shill bidders are good for final price of auction, and therefore good for ebay's final cut.

That's true when the seller is pushing the price up, but this tandem bidder/retraction scam actually yields less revenue for ebay since the auction items end up selling for much less than they're worth (unless the seller re-lists of course).