Auctionbytes-NewsFlash, Number 11 - February 01, 2001 - ISSN 1539-5065
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eBay Limits Use of Dutch Auctions to Proven Sellers
By Ina Steiner
AuctionBytes.com
eBay has raised the number of Feedback points required by sellers holding Dutch auctions from 10 points to 50 points. eBay said the move was prompted by the fact that "a few of the least experienced sellers were taking advantage of the Dutch listing format to engage in fraudulent activity." The new requirements for sellers to use the Dutch format are:
1. Have a credit card on file
2. Have a Feedback Rating of 50 or above, and
3. Be a registered user on eBay for at least 60 days. OR
4. Be ID Verified.
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