by Mike Masnick
Fri, Aug 3rd 2007 2:03pm
People backing out of auctions or putting up fake bids has long been a problem for eBay (and users of eBay), but that may be changing in Australia, at least. A court there has ruled that a deal's a deal on eBay. This specific case isn't about a buyer backing out, though. This time, it was the seller, who had apparently worked out a private deal to sell something outside of eBay for more than the eBay bid, but the guy who won the online auction demanded that he get to complete the transaction. The court agreed, noting that the eBay auction was a binding contract. So, if you're trying to sell something on eBay (in Australia, at least) make sure you really want to sell it through eBay -- and the same probably goes for buyers.
If you liked this post, you may also be interested in...
- The Weird Psychology Of People Fighting Those Who Resell Their Products
- Nothing About The Story Of An Artist Being Threatened With A Lawsuit Over A Painting Of A Small-Dicked Donald Trump Makes Sense
- Stupid Patent of the Month: Who Wants to Buy Teamwork From Penn State?
- Teenager Pays Hundreds Of Dollars For A Picture Of An Xbox One
- Now That We Know The Telcos Exaggerated About The 'Spectrum Crunch'; How About Some More Open Spectrum?