Quote:
Originally Posted by Neilk
Maybe you overpaid for the product on EBay. Check out this story about pricing arbitrage. |
That kind of stuff (pricing arbitrage) frosts my nuts. It's just greedy people with no more ambition than to scheme how to make money off of someone else's risk and hard work.
We had a huge problem with eBay about 10 years ago from companies auctioning magazine subscriptions. All they did was get a photo of your magazine cover and auction off subscriptions for it. They were selling $30 magazines subs for $5 and $10 dollars and expecting publishers to honor the sale. I raised hell with eBay, but they said it was between the buyer and the publisher, if the buyer wasn't happy, he wouldn't buy again - capitalism at it's best! Except the seller had the money and the publisher had the disgruntled buyer, not to mention the problems with the post office.
I think they finally changed their policy, but at the time eBay saw nothing wrong with the practice.