Tiffany & Co is suing eBay for letting individuals peddle counterfeit jewelery on its site.
The lawsuit alleges that eBay not only facilitated counterfeit sales, but also made profit from them to the tune of hundreds of thousands of dollars.
The case is expected to go to trial by end 2006.

EBay chief executive Meg Whitman says the company’s expertise in running online auctions will fend off competition from Google.
“We take every competitor very seriously, but we really do have a tremendous position in the marketplace,” Whitman says. “We’re the experts at running marketplaces. We’ve been at this now for 10 years.”
The world’s largest [...]

A camel farmer is planning another camel auction in central Queensland later this year after the success of last year’s sale.
Australia’s first camel sale was held at the Gracemere Saleyards near Rockhampton.
The managing director of the Australia Camel Farm, Paddy McHugh, says demand for camel meat is getting stronger in both Australia and overseas.
Mr McHugh [...]

One of the biggest collections of rare New Zealand stamps will go on sale at Sothebys auctions in London next month.
Experts are calling the Baillie Collection the most important collection of stamps to be sold for 50 Years.
Leading New Zealand stamp dealer John Mowbray said today the massive collection to go under the hammer at [...]

On January 20, ThePirateBay.org (TPB) initiated an eBay auction aimed at selling little more than their personal company. The auction worked, as within 14 hours the bidding was already well over $15,000. Already, TPB’s costly server farm upgrade had been covered. Unfortunately, since TPB had not sold anything tangible, eBay forced the [...]

A year ago Jacqui Rogers, a retiree in southern Oregon who dabbles in vintage costume jewellery, went on eBay and bought 10 butterfly brooches made by Weiss, a well-known maker of high-quality costume jewellery in the 1950’s and 1960’s.
At first, Rogers thought she had snagged a great deal. But when the jewellery arrived from [...]

The Naples Winter Wine Festival raised $12.2 million Saturday, breaking its own record of $11.2 million raised in 2005 and retaining the crown of most successful wine auction in the world.Ann Colgin, auctioneer and vintner at the “Vintage 2006″ Festival, nailed it even before she slammed down her gavel for the first auction lot Saturday [...]

Press Release
In March, 1792, twenty-four of New York City’s leading merchants met secretly to discuss ways to bring order to the securities business and wrest it from their competitors, the auctioneers. On May 17, 1792, these merchants signed a document called the Buttonwood Agreement. It was named after their traditional meeting place – a buttonwood [...]

An unemployed Reno man jailed last week on fraud charges allegedly made his living from cashing checks mailed by eBay bidders who thought they were purchasing his laptop computers, Reno police said.But authorities allege David Kazish never sent the bidders the computers, nor did he intend to.He did cash the checks, police said, which totaled [...]

According to US newspaper MetroWest Daily News, one website, millionmaker.co.uk, which since yesterday morning was unavailable, promised a profit of 6,000 dollars a month within the first six month.
The company, which was registered to a Neil Entwistle in York, claimed to offer 24-hour, seven-day-a-week support to those with adult internet businesses, the newspaper said.
Another company [...]