eBay sues Craigslist and starts a war
The largest company in the world of Internet auctions, eBay, has sued Craiglist, a rival in which owns a minority stake, accusing the service of online classified ads to try to disrupt its business.
eBay asserts that the board of Craiglist (leading classifieds service in the Network) took “unilateral steps” to reduce the participation of 28.4% which eBay owns more than 10%.
The complaint accuses the founder of Craiglist, Craig Newmark, who runs the company with a well-known style of open-mindedness, and CEO Jim Buckmaster. Newmark and Buckmaster are the only members of the board.
In an entry on his blog on Tuesday afternoon, Craiglist said he was “surprised and disappointed” by the accusations of eBay, which “came out of nowhere, without any attempt to establish a dialogue with us.” The annotation Buckmaster wrote, according to a spokesman for the company.
The demand for “a company that sees as a competitor to Craiglist frontline (…) seems unethical, and suggests ulterior motives” as a “hostile acquisition” of Craiglist, or the sale of eBay to a “hostile party “, Stated in the blog.
eBay bought a minority stake in the company in 2004, three years after U.S. launched its own free classified ad site, called Kijiji. The two services directly compete there and in a dozen other countries, although Kijiji fits your ads to young families, instead of keeping the market square style Craiglist open.
No surprise from ebay….. which has become a predator in cyber world on line sales. Since, ebay has been become the dominant company when it comes to internet sales they try to form a monopoly and squeeze all competition. In addition their own site has consistently raised fees and placed restrictions on sellers & buyers. Example: Effective Oct 15th 2008 almost all payments must be paid with “Paypal” their electronic payments subsidiary which charges hefty fees to sellers….!!
I have been an ebay member almost ten (10) years with over 1,000 positive feedbacks 100%. Recently, I have restricted my trading on ebay because of their practices. Eventually ebay will; “kill the goose that laid their golden egg” ………. it will take time but it will happen….!! Ebay is no longer a community of world wide sellers and buyers……ebay’s community has become a dictarship similiar to Iran & North Korea ……. !! Presided over by a “witch in San Fransico California” ….!! It’s what happens when GREED … takes over common sense ……..!!
Craigslist provides a community service………Look out …if ebay gets their claws & fangs into Craiglist….!!
I don’t know which is better (nor do i care frankly :P), but if if you are looking for an easier way to search craigslist, try this: http://www.craigzoom.com
Ron, I am in total agreement. You left one thing out sellers are no longer allowed to leave negitive feed back for a buyer. EBAY THE DICTATER INTENET SITE!!!!!!!!!!
EBAY
e=end
b=bad
y=yuck
Go Craigs list- We love ya…
WE HAVE OVER 8000 POS FEED BACK FROM EBAY IN THE LAST 6 YEARS.EBAY KEEPS GPING DEEPER IN YOUR POCKET .ITS GOTTEN TO THE POINT WHERE EBAY MAKES MORE ON A SALE THAN WE DO ON SOME OF OUR ITEMS .WE ARE SLOWLY SHUTTING DOWN OUR EBAY BIZ-ITS JUST GREED ON THERE PART.
There are a few more things the money grubbers at ebay everyone should know. Now they are setting limits on shipping fee’s, if it is a media mail item to set a priority mail price they stated the sale might be lost due to high shipping! And yet thier cost to ship something via priority mail was 72.00 and it only cost 8.45 with delivery confirmation. The final thought is if you ask for help watch out, I broght up the fact that the beta system was slower than my 87 year old grandmother, they denied it! I resubmitted the problem but added that the old ebay was faster than beta and they replied they knew it and were working hard to fix it. I could go on and on but lets give everyone a chance.
e-bay is the ultimate rip-off on-line auction.they are nothing but scam artist; who have no consideration for the consumers who are defrauded by it’s sellers.complaints filed by consumers fall on deaf ears with no response from it’s upper echelon.it’s c.e.o and board of directors should be held accountable and made to pay restitution for the consumers that have been defrauded using e-bay.