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.
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