The Inquirer-Home

Ebay cracks down on PS3 profiteers

Auctions banned
Mon Oct 16 2006, 08:15
AUCTION SITE Ebay seems to be cracking down on those flogging pre-ordered PS3 console's on its site for outrageous prices.

Already a number of PS3s have appeared on eBay for thousands of dollars. These are machines that are being pre-ordered by staff at games stores and flogged nefariously at huge mark-ups.

The antics of the store owners have been attracting much attention from PS3 fans who fear a reprise of the Xbox 360 debacle. Then, store owners took advantage of a unit shortage, took units from their shelves and flogged them on eBay. Often the managers were buying the units themselves to make a killing online.

However, it seems that eBay has decided to ban such sales. PS3 pre-orders with huge mark-ups appear to have been pulled from the auction site, upon the orders of eBay HQ. It is unlikely to stop the black-market in PS3s taking off when the console is released, but it is a start. µ

Share this:

Comments

There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.

aboutus
Advertisement
Subscribe to INQ newsletters
Advertisement
INQ Poll

Authorities in several countries raided Megaupload recently, shut down all of its services, seized hundreds of servers and arrested several of its executives on criminal charges.

Do you think the move was justified?