03-06-2007, 10:06 AM
Quote:One of the speakers, Clougherty said, was an attorney representing eBay. Clougherty told the ED & A committee: "According to this attorney, eBay is in the process of changing their agreements with all of their 212,000,000 registered users. eBay will no longer advertise themselves as an auction or auction company and will discontinue the use of the word "auction" from their online and paper advertising.
"One of the major changes to their selling agreements that will occur in 2007 is a requirement by eBay that anyone accepting consignments for auction who holds themselves out to be an auctioneer, who participates in auctioneering or who advertises that they sell at auction for a fee must comply with relevant state statutes, especially licensing."...
full article: http://www.auctionbytes.com/cab/abn/y07/m03/i05/s02