Ticketmaster USA is hosting an auction for the Champions on Ice shows

According to the press release dated 23 February 2006: "Ticketmaster auctions provide fan-friendly opportunities for artists, performers, sports teams, and more to connect with their fans, in a secure purchasing environment, fully integrated with Ticketmaster's state-of-the-art ticketing system. Ticketmaster auctions enable consumers to determine the market value of tickets (also referred to as "dynamic pricing"). By enabling consumers to select the price he or she is willing to pay for a ticket in a specified seat location for a specific event, Ticketmaster auctions help to keep premium tickets out of the hands of unauthorized resellers. Ticketmaster auctions also offer consumers the security of knowing they have purchased a valid ticket. For auction terms and conditions, please visit ticketmaster.com".
The full story on Yahoo! News

Growing anger over eBay payment firm

An article from the Sunday Times (money supplement)available online.
The article covers Paypal and its lack of accountability. Dr Christine Riefa, is quoted in the article with regards to the legal framework applicable to both eBay and Paypal.

Pa. Attorney General Shuts Down Internet Sales Scheme operating on online auction sites

Attorney General Tom Corbett announced Monday that nearly $6,500 will be returned to more than a dozen consumers who failed to receive the designer purses, Xboxes and DVD video cameras that they purchased from a Northampton County woman who advertised the products on Internet auction sites, including eBay. Consumers must file a complaint with the attorney general's office by April 28 to obtain a refund. The full story on Yahoo! News.

the changing face of eBay

According to CEO Meg Whitman eBay is fast moving away from its roots as an online auction site and becoming an electronic-commerce site. Indeed, more than a third of sales on eBay sites are bought instantly at fixed prices rather than through the online auctions that established its reputation. Is it the end of online uactions as we know them? Read the full story on Yahoo! News.