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February 14, 2007
Could this be the solution to eBay’s schilling problems?
The recent press coverage of the problems eBay have had with schill-bidding is still fresh in many peoples minds. Now researchers at Southampton University believe they may have come up with a solution.
Schill bidding is when a seller or an accomplice place bids on the seller’s item with the intention of raising the final selling price. The practice is not only prohibited by eBay regulations but also illegal in many countries. Despite this the practice continues and some believe is becoming more widespread.
The researchers believe that the problem can be overcome by using different kinds of listing and commission fees from those currently in use on eBay.
To find out more visit http://www.ecs.soton.ac.uk/about/news/1177
Posted by Dave Bromley at February 14, 2007 08:59 AM
