Retail Chains Ask Congress To Regulate Online Auction Sites
from the competition-is-evil dept
However, the really sneaky part of this push to get Congress involved is that the reasoning isn't even accurate. I'm sure there may be some groups of shoplifters out there who have been going around stealing goods out of stores and reselling them on eBay, but the details suggest it's barely a blip on the radar. A study by the National Retail Federation (who also represents large retailers) found that most store theft comes from employees or vendors. Only 1/3 comes from shoplifting. Stores themselves are partly to blame, as they've cut back on prosecuting shoplifters. And, most importantly, retail theft appears to be dropping rather consistently over the past few years.
So, basically, retailers get to push for the idea that they need to ban online auctions from selling certain products -- when it turns out what they really want is to get rid of the competition. There's no real evidence of an epidemic of thefts due to online auctions, and even if there were, the problem should be dealt with via the retailers' own loss management efforts.