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Criticism (Continued)

In the U.S., large retailers have lobbied Congress to require online auction sites to share private sales information about sellers, citing potential illegalities. Within the online auction community this is commonly viewed as an attempt at unfair market protection and trade restraint. Reduced overhead sometimes enables independent online sellers to offer goods at lower prices than large retailers.

Online auction selling has attracted millions of laid-off workers, as well as the ...

 
 

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disabled, parents of young children, retirees, pensioners and others that are unable to find employment in the mainstream workforce. Online auction venue corporations are accused of engaging in discriminatory trade practices that unfairly impact such customers. Presently, the trading practices of online auction venue corporations is not regulated by state or federal agencies.

Companies that use the model

  • Allegro
  • Apex auctions
  • Bidorbuy
  • Bidtopia
  • The Debt Exchange
  • eBay
  • eBid
  • GunBroker.com
  • Heritage Auction Galleries
  • Hobby Markets Online
  • Lixtor
  • MercadoLibre.com
  • Overstock.com
  • Oztion
  • Prosper.com
  • SalvageSale, Inc.
  • Swoopo
  • TradeMe
  • Tradus (former QXL)
  • uBid
  • Yahoo!

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