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ENABLE BIDDING UP OF OWN ITEMS ON EBAY

Comment 15th March 2013

I've just read that someone has been charged with the offence of bidding up his own items on eBay. Can I just state that this is a ludicrous regulation that should be removed. If someone is willing to pay an amount for an item, why not bid up your item, ultimately, all you are doing is ensuring that a fair price is paid. Its simple economics, people will pay a certain amount, so let the seller get what the item is truely worth. The buyer merely has to stop when the price goes above what they are willing to pay.

Why does this matter?

It promotes proper trade terms and fair economics.


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