Ebay class-action lawsuit claims auction site has improper bidding arrangement
"A class action suit has been filed in California against auction site Ebay. The suit claims that the online auctioneer encouraged bidders to increase their maximum bid for items in a way that increased the amount winning bidders ended up paying. Although the amount of money that Ebay stood to gain from each transaction is very small, the suit claims that Ebay's high transaction volume generated substantial illicit revenue."(Read more here)
posted by Monkeyman @ 10:06 PM
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