PWCC – Announcing Formal Policy Concerning eBay Bidder & Buyer Integrity

[tschock]

Originally Posted by jim

hi Brent, currently, in your auction (http://www.ebay.com/itm/1935-Goudey-...-/351861695474), your high bidder has 3 bid retractions in the last 6 months while the underbidder has 9 bid retractions in the last 6 months. Does anything need to be done with these two bidders? thanks,
Jim Loewke

"We have to establish a starting point, so to start any user ID we identify that has greater than 25 bid retractions over the last six months will be blocked from participating in PWCC auctions. Any user ID we identify with between 10 and 25 retractions will be notified of our policy and warned. In time, we plan to reduce the allowed number of retractions to 10, and perhaps as low as 5. Note: a user’s bid retraction count is not a statistic we can automatically filter; we appreciate the help of the collecting community in identifying user IDs which show quantities beyond our defined limits."

Not to jump on your post as not useful (it is), but I think you provided a good example to support PWCC's position of STARTING with 25 and reducing over time. I would expect that for PWCC to start at 5 (as some would suggest) would become an administrative nightmare and the whole impetus would become a non-starter.

It seems to me that PWCC is doing much of the 'heavy lifting' here with the 'blessing' of ebay. Just because PWCC is taking the initiative doesn't mean that the retract-a-holics won't be going elsewhere.