eBay fined $62m

June 30, 2008

eBay has been fined $62m (approx £31m) for “allowing the sale of counterfeit goods” by French courts. The money was awarded to the LVMH (Louis Vuitton and Moet Hennessy) group which owns the Louis Vuitton, Christian Dior, and Givenchy brands. It is well known that counterfeit goods have been sold on eBay for a while- however this is only the second time eBay has been successfully sued and is by far the largest amount. Maybe this will force eBay to rethink its claim of being “just” a middle man.

Brokerage Business For Sale

June 27, 2008

A broker from Essex has put his business “Phillips Financial Services” up for sale on eBay. The business makes approximately £100,000 a year and is currently going for £1,000 however I’m sure it will go for a lot more! Lee Phillips, managing directory of the firm stated the reason for the sale as he wanted to travel.

Bridesmaid for Sale on eBay!

June 27, 2008

An enterprising bride-to-be put the position of bridesmaid up for sale on eBay! The bride, Kelly Gray from Virginia Beach in the United States decided to start the auction after they decided their $7,000 budget was too low. The auction has just finished and the winning bidder, the Dr. Pepper Snapple Group, has upped their $5,700 winning bid to $10,000 and offered to provide free drinks for the wedding which will take place on 19th April 2009.

New Life For Sale on eBay

June 26, 2008

An Australian man is selling his life on eBay. Ian Usher decided to put his life up for sale after his wife of 12 years left him. The auction is currently at 390,000AUD (Australian $) with two days remaining. The auction of a lifetime, literally, includes a house, four modes of transport (car, motorbike, jet ski and a push bike), his friends and his job. Ian, originally from the UK, plans to take the money he raises and travel the world.

Friendship for Sale on eBay

June 25, 2008

One of the most bizare auctions I have seen for a long time on eBay is this one. Someone is auctioning their “friendship” (nothing tangible) to raise money to bring a friend over to the United States from New Zealand. This has amounts to no less than begging- and people are actually bidding! At the time of writing the auction is at $21.50 and has had over 350 views.