eBay: An “Electronic Pimp”?
Does that mean an online auction equals prostitution?
CNET reports: “Internet auction site eBay ended a sale of free Live 8 tickets on Tuesday after Bob Geldof, the organizer of the awareness-raising concerts, labeled the site an “electronic pimp” and urged people to swamp it.”
“Tickets to the star-studded London show, which aims to pressure world leaders into fighting poverty in Africa, were given away to the winners of a text lottery. But they immediately started appearing on eBay for hundreds of pounds.”
In investment parlance, that would be called a “secondary market.”
Geldof criticized the site and urged people to swamp it with bogus offers of tickets or massively inflated bids.“What I would ask you to do tonight is to get on eBay and mess up the system,” he told Sky News.
If you don’t like it, destroy it. That’s the liberal way.
“[Geldof's] appeal did not go unheeded. Within minutes bids which had been running in the hundreds of pounds surged to 10 million pounds.eBay, which earlier on Tuesday rejected Geldof’s call to end the sale saying there was nothing illegal about it, capitulated.
“eBay has decided to not allow the resale of Live 8 tickets on the site,” a spokesman told Reuters.
“We have listened to eBay’s community of users and the message has been clear–that they do not want the tickets to be sold on the site. Once we are made aware of any Live 8 tickets being resold they will be taken down.”
There’s a lot of items being sold on eBay that some groups might find objectionable. Does that mean the floodgates are open? Whores.