eBay Kills PS3 Auctions

eBay, the world's largest online auction, has squelched PS3 sales for the time being, laying down strict regulations for any user wishing to post the next-gen system in the forth coming weeks.

eBay squashes PS3 auctions for now and lays down strict rules for when the bidding begins

eBay squashes PS3 auctions for now and lays down strict rules for when the bidding begins

Almost immediately as posted, many PlayStation 3 auctions were shut down by eBay shortly after PS3 presales sold out nationwide. Auctions for the Nintendo Wii, which went preorder status days after the PS3, are being permitted for the time being. But why the double standard? Many eBay users have responded, sounding off in the eBay forums and filing letters of complaint about the situation and strict regulations surrounding the PS3 preordered auctions.

In order to post a PS3 for sale, sellers need to provide eBay with a copy of their drivers license or other ID, copy of a credit card statement or utility bill with their current address, an invoice or receipt showing "purchase or possession" of the consoles, and written acknowledgement of agreement with eBay's policies.

Although eBay does allow "presale" items to be auctioned, the seller must be in possession and able to ship the item within 30 days. PayPal, an e-commerce business commonly used by eBay members to transfer money between clients, has even stricter requirements, forbidding the sale of any item that cannot be shipped within 20 days of the purchase date.

The PS3 is scheduled to release on November 17th in the U.S.; and with a lowly 400,000 units allocated to the States at launch, gamers looking for a PS3 on eBay can expect prices to be in the mid $2,000 range.

Courtesy of Joystiq

Courtesy of Joystiq

THE VERDICT by Travis Moses Travis Moses's Avatar

I'm with Major Mike on this one. Shame on all you predators out there, preying on the likes of us whose only wish is to play a PS3 by the year's end. So eBay has thwarted your plans for interstellar domination for the time being, but soon that moral decision will come again. Will you sell your PS3/soul on eBay for a pretty penny, or will you keep the PS3/dignity and remain one of the lucky 400k to receive one at launch?

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