Vicvelcro's Post above is 100% Accurate, Yahoo Auctions went under mostly because of all the lawsuits Against them.
Ebay is undergoing this Transformation moving towards an Amazon/Ubid type of site, where Every single seller is a well known Trusted distributor.
Everytime a company discovers that Counterfeits of its products are being sold on an Auction site, they sue the Auction site for allowing the listing, Not the seller.
Many different variations of these types of lawsuits have been brought against all auction sites like Ebay. In EVERY U.S. Case so far, the auction sites have won. The Rulings are all similar, in that the Auction sites like Ebay Cannot be held responsible for verifing the Millions of listings that they host, And Because of these cases, auction sites have developed Programs like Ebays VERO, and Ioffers COPS to give companies Tools to police auctions of there products.
This has more to do with Auctions sites using these Programs as an additional defense in court cases, it allows Ebay to tell the Judge that " We are doing all that we can to stop Fraud on our site, thats why we started the VERO Program" and it has worked in the U.S. so far. They also use the number of people they suspend as more "Proof".
In Europe these Defenses against similar lawsuits No LONGER Work, Ebay has just lost a Major case against Louis Vuitton, which is currently under appeal, if this case is upheld (Which is likely) it will open the Floodgates for thousands of more cases that Ebay will lose. In the end Ebay will most likely Shut down in Europe.
This my friends is the reason why Ebay Does what it does, they are preparing themselves For WHEN not IF they are in a similar boat here in The U.S.
They lose FAR LESS money by Suspending us, than Paying Lawyers Fighting these cases in Court for them.
Last edited by slapped; 04-09-2010 at 08:15 AM.
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