Re: why hasnt anyone made competition for ebay?
The main benefit of launching on ebay and amazon is 'traffic'. That's it. They have grown over the last decade+ and have the funds to constantly publicise their brand/image/website - to the degree their traffic will constantly increase (or at least remain as it is).
That is all that puts them ahead of everyone else. That is also the reason why people opt to sell on their platform, because it won't cost these individuals a dime to generate traffic and sales, compared to the huge investment they would need to launch their own website (let alone become a competitor).
Here's my stance on the future - ebay and amazon will remain for some time to come. But something else will eventually replace them. I highly doubt one of the existing competitors would do it, take ETSY for example, they focus on one niche. iOffer, a pretty obvious niche. Whereas ebay and amazon don't restrict themselves, their goal is the moon and back in terms of products/categories.
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