Eugene David
...The One-Minute Pundit

Tuesday, June 03, 2008


More than savvy consumers and aggressive retailers did in eBay's auctions (assuming the past tense). What did them in was the inconvenience and pitfalls of auctioning: of having to place bids early and still not winning; of sniping; of being scammed; of sellers who'd only take checks; of PayPal's arbitrary spending limits. A thousand and one tiny problems merged into an insuperable one.

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