Seller's market - test-drb@ccmp.vtda.org

24 Mar 1999

At 11:08 AM 3/21/99 -0500, you wrote:
...
 The messages by some of the participants shows that
they really do not 
understand [or perhaps do not want] the concept of a free market.  What they 
really want is a highly imperfect market so that they can buy things at low 
prices even though there are people around who are willing to pay more 
[given the presumption that all sellers will sell to the highest bidder ..... 

Well said.

...
 But, perhaps a better way would be for E-Bay to create
a new class of 
"Bonded Buyers and Sellers",  
Sounds a lot like a high feedback rating to me...

...
 in which E-Bay has credit card numbers from both buyer
and seller, and both 
buyer and seller have agreed to binding arbritration by a 3rd party [E-Bay].  

except that that opens eBay up to a lot of legal responsibility that
they're probably quite happy to avoid.  

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